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Category :
Company News
Headline :
Ushdev Internati posts Q3 net loss of Rs 1.82 cr
Date:
15/02/2024 13:32
The company reported standalone net loss during the quarter stood at Rs 1.82 crore as compared to net loss of Rs 9.09 crore in the previous year quarter.
Net revenue of the company rose substantially by 27.41 per cent at Rs 1.72 crore in October-December quarter of this fiscal as against Rs 1.35 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 65.96 per cent to Rs 3.04 crore from Rs 8.93 crore in year ago period.
Other Income grew by 364.29 per cent at Rs 1.30 crore versus (Dec'22 Rs 0.28 crore).
Operating Profit slipped by 82.59 per cent to Rs -1.32 crore as against Rs -7.58 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 86.27 per cent in December quarter.
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