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Category :
Company News
Headline :
Adhata Global Q1 net profit down 77.78% at Rs 0.04 cr
Date:
14/08/2024 16:50
The company reported standalone net profit of Rs 0.04 crore for the quarter ended June 30, 2024 as compared to Rs 0.18 crore in the same period last year, registering a year-on-year decline of 77.78 per cent.
Net revenue of the company declined substantially by 57.58 per cent at Rs 1.12 crore in April-June quarter of this fiscal as against Rs 2.64 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 57.08 per cent to Rs 1.03 crore from Rs 2.40 crore in year ago period.
Other Income dipped by 25.00 per cent at Rs 0.03 crore versus (Jun'23 Rs 0.04 crore).
Operating Profit slipped by 62.50 per cent to Rs 0.09 crore as against Rs 0.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.28 per cent in June quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.06 crore
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