|
Category :
Company News
Headline :
Shree Ganesh Bio-Tec Q3 net profit down 66.67% at Rs 0.09 cr
Date:
13/02/2024 18:02
The company reported standalone net profit of Rs 0.09 crore for the quarter ended December 31, 2023 as compared to Rs 0.27 crore in the same period last year, registering a year-on-year decline of 66.67 per cent.
Net revenue of the company declined substantially by 65.87 per cent at Rs 4.12 crore in October-December quarter of this fiscal as against Rs 12.07 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 65.76 per cent to Rs 4.04 crore from Rs 11.80 crore in year ago period.
Operating Profit slipped by 66.67 per cent to Rs 0.09 crore as against Rs 0.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.95 per cent in December quarter.
|