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Category :
Company News
Headline :
K Z Leasing & Financ Q3 net profit up 15.63% at Rs 0.37 cr
Date:
19/02/2024 13:12
The company reported standalone net profit of Rs 0.37 crore for the quarter ended December 31, 2023 as compared to Rs 0.32 crore in the same period last year, registering a year-on-year growth of 15.63 per cent.
Net revenue of the company rose triple digit by 101.64 per cent at Rs 1.23 crore in October-December quarter of this fiscal as against Rs 0.61 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 195.45 per cent to Rs 0.65 crore from Rs 0.22 crore in year ago period.
Operating Profit surged by 45.00 per cent to Rs 0.58 crore as against Rs 0.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.52 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.07 crore, while Taxation increased by 0.00 per cent at Rs 0.13 crore (Dec'22 Rs 0.00 crore).
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