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Category :
Company News
Headline :
Chandni Machines posts Q3 net profit of Rs 0.45 cr
Date:
02/02/2024 17:20
The company reported standalone net profit during the quarter stood at Rs 0.45 crore compared to net loss of Rs 0.20 crore in the previous year quarter.
Net revenue of the company rose three fold by 10583.78 per cent at Rs 39.53 crore in October-December quarter of this fiscal as against Rs 0.37 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 6015.63 per cent to Rs 39.14 crore from Rs 0.64 crore in year ago period.
Other Income grew by 450.00 per cent at Rs 0.33 crore versus (Dec'22 Rs 0.06 crore).
Operating Profit surged by 244.44 per cent to Rs 0.39 crore as against Rs -0.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 101.36 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 366.67 per cent at Rs 0.16 crore (Dec'22 Rs -0.06 crore).
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