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Category :
Company News
Headline :
Unistar Multimedia Q2 net profit zooms 1030.00% at Rs 1.13 cr
Date:
28/11/2023 17:00
The company reported standalone net profit of Rs 1.13 crore for the quarter ended September 30, 2023 as compared to Rs 0.10 crore in the same period last year, registering a year-on-year growth of 1030.00 per cent.
Net revenue of the company rose three fold by 1734.21 per cent at Rs 6.97 crore in July-September quarter of this fiscal as against Rs 0.38 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 1231.71 per cent to Rs 5.46 crore from Rs 0.41 crore in year ago period.
Operating Profit surged by 5133.33 per cent to Rs 1.51 crore as against Rs -0.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 350.64 per cent in September quarter.
Taxation increased by 850.00 per cent at Rs 0.38 crore (Sep'22 Rs 0.04 crore).
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