News Details
Category : Company News
Headline : KJMC Financial Serv. posts Q3 net profit of Rs 0.25 cr
Date: 27/01/2024 20:30
The company reported standalone net profit during the quarter stood at Rs 0.25 crore compared to net loss of Rs 0.25 crore in the previous year quarter.

Net revenue of the company rose substantially by 50.00 per cent at Rs 1.08 crore in October-December quarter of this fiscal as against Rs 0.72 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 27.27 per cent to Rs 0.56 crore from Rs 0.77 crore in year ago period.

Other Income dipped by 80.00 per cent at Rs 0.01 crore versus (Dec'22 Rs 0.05 crore).

Operating Profit surged by 1140.00 per cent to Rs 0.52 crore as against Rs -0.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 766.62 per cent in December quarter.

Interest declined by 52.38 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 0.00 per cent at Rs 0.11 crore (Dec'22 Rs 0.00 crore).