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Category :
Company News
Headline :
360 One Wam Q4 net profit zooms 112.56% at Rs 200.68 cr
Date:
23/04/2024 20:20
The company reported standalone net profit of Rs 200.68 crore for the quarter ended March 31, 2024 as compared to Rs 94.41 crore in the same period last year, registering a year-on-year growth of 112.56 per cent.
Net revenue of the company rose substantially by 22.46 per cent at Rs 12.43 crore in January-March quarter of this fiscal as against Rs 10.15 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 191.82 per cent to Rs 56.38 crore from Rs 19.32 crore in year ago period.
Other Income grew by 127.17 per cent at Rs 304.29 crore versus (Mar'23 Rs 133.95 crore).
Operating Profit surged by 379.28 per cent to Rs -43.95 crore as against Rs -9.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 291.39 per cent in March quarter.
Interest grew by 64.24 per cent y-o-y to Rs 28.71 crore, while Taxation increased by 183.21 per cent at Rs 26.48 crore (Mar'23 Rs 9.35 crore).
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