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Category :
Company News
Headline :
Hindusthan Urban Inf posts Q3 net loss of Rs 1.27 cr
Date:
14/02/2024 13:52
The company reported standalone net loss during the quarter stood at Rs 1.27 crore as compared to net loss of Rs 2.13 crore in the previous year quarter.
Net revenue of the company rose moderately by 13.76 per cent at Rs 54.31 crore in October-December quarter of this fiscal as against Rs 47.74 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 11.48 per cent to Rs 50.49 crore from Rs 45.29 crore in year ago period.
Other Income dipped by 6.56 per cent at Rs 2.28 crore versus (Dec'22 Rs 2.44 crore).
Operating Profit surged by 55.92 per cent to Rs 3.82 crore as against Rs 2.45 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 37.23 per cent in December quarter.
Interest declined by 20.94 per cent y-o-y to Rs 4.38 crore, while Taxation increased by 108.53 per cent at Rs 0.11 crore (Dec'22 Rs -1.29 crore).
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