News Details
Category : Company News
Headline : Sylph Technologies L posts Q3 net loss of Rs 0.76 cr
Date: 14/02/2024 18:42
The company reported standalone net loss during the quarter stood at Rs 0.76 crore compared to net profit of Rs 0.25 crore in the previous year quarter.ΓΏ

Net revenue of the company rose three fold by 808.42 per cent at Rs 8.63 crore in October-December quarter of this fiscal as against Rs 0.95 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 973.56 per cent to Rs 9.34 crore from Rs 0.87 crore in year ago period.

Other Income dipped by 41.18 per cent at Rs 0.10 crore versus (Dec'22 Rs 0.17 crore).

Operating Profit slipped by 987.50 per cent to Rs -0.71 crore as against Rs 0.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 202.37 per cent in December quarter.

Taxation increased by 0.00 per cent at Rs 0.15 crore (Dec'22 Rs 0.00 crore).