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Category :
Company News
Headline :
Atishay L Q3 net profit zooms 575.00% at Rs 1.89 cr
Date:
22/01/2024 15:30
The company reported standalone net profit of Rs 1.89 crore for the quarter ended December 31, 2023 as compared to Rs 0.28 crore in the same period last year, registering a year-on-year growth of 575.00 per cent.
Net revenue of the company rose substantially by 95.67 per cent at Rs 11.76 crore in October-December quarter of this fiscal as against Rs 6.01 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 61.79 per cent to Rs 9.06 crore from Rs 5.60 crore in year ago period.
Other Income dipped by 10.64 per cent at Rs 0.42 crore versus (Dec'22 Rs 0.47 crore).
Operating Profit surged by 577.50 per cent to Rs 2.71 crore as against Rs 0.40 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 242.77 per cent in December quarter.
Interest declined by 55.56 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 507.69 per cent at Rs 0.79 crore (Dec'22 Rs 0.13 crore).
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