|
Category :
Company
Headline :
Quick Heal Technolog posts Q1 net profit of Rs 4.06 cr
Date:
26/07/2024 21:30
The company reported standalone net profit during the quarter stood at Rs 4.06 crore compared to net loss of Rs 12.88 crore in the previous year quarter.
Net revenue of the company rose substantially by 36.67 per cent at Rs 70.29 crore in April-June quarter of this fiscal as against Rs 51.43 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 1.56 per cent to Rs 67.67 crore from Rs 66.63 crore in year ago period.
Other Income grew by 6.98 per cent at Rs 5.06 crore versus (Jun'23 Rs 4.73 crore).
Operating Profit surged by 117.24 per cent to Rs 2.62 crore as against Rs -15.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 112.62 per cent in June quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 250.00 per cent at Rs 0.78 crore (Jun'23 Rs -0.52 crore).
|