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Category :
Company News
Headline :
Dhanashree Electro Q3 net profit up 31.58% at Rs 0.75 cr
Date:
14/02/2024 18:42
The company reported standalone net profit of Rs 0.75 crore for the quarter ended December 31, 2023 as compared to Rs 0.57 crore in the same period last year, registering a year-on-year growth of 31.58 per cent.
Net revenue of the company rose substantially by 99.73 per cent at Rs 22.51 crore in October-December quarter of this fiscal as against Rs 11.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 143.68 per cent to Rs 22.76 crore from Rs 9.34 crore in year ago period.
Other Income grew by 4916.67 per cent at Rs 3.01 crore versus (Dec'22 Rs 0.06 crore).
Operating Profit slipped by 113.02 per cent to Rs -0.25 crore as against Rs 1.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 106.56 per cent in December quarter.
Interest grew by 24.22 per cent y-o-y to Rs 1.59 crore, while Taxation increased by 1200.00 per cent at Rs 0.26 crore (Dec'22 Rs 0.02 crore).
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