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29/01/2024 19:40

P H Capital posts Q3 net profit of Rs 9.12 cr

The company reported standalone net profit during the quarter stood at Rs 9.12 crore compared to net loss of Rs 4.43 crore in the previous year quarter.

Net revenue of the company rose substantially by 44.96 per cent at Rs 29.89 crore in October-December quarter of this fiscal as against Rs 20.62 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 35.35 per cent to Rs 17.17 crore from Rs 26.56 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.07 crore versus (Dec'22 Rs 0.00 crore).

Operating Profit surged by 314.14 per cent to Rs 12.72 crore as against Rs -5.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 247.69 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.06 crore, while Taxation increased by 317.18 per cent at Rs 3.54 crore (Dec'22 Rs -1.63 crore).