media

Markets

Market Nav

News Details

23/02/2024 08:11

Onesource Ideas Q3 net profit jumps 53.85% at Rs 0.20 cr

The company reported standalone net profit of Rs 0.20 crore for the quarter ended December 31, 2023 as compared to Rs 0.13 crore in the same period last year, registering a year-on-year growth of 53.85 per cent.

Net revenue of the company rose three fold by 2050.00 per cent at Rs 4.30 crore in October-December quarter of this fiscal as against Rs 0.20 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 4288.89 per cent to Rs 3.95 crore from Rs 0.09 crore in year ago period.

Other Income dipped by 250.00 per cent at Rs -0.09 crore versus (Dec'22 Rs 0.06 crore).

Operating Profit surged by 218.18 per cent to Rs 0.35 crore as against Rs 0.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 84.84 per cent in December quarter.

Taxation increased by 50.00 per cent at Rs 0.06 crore (Dec'22 Rs 0.04 crore).