Markets

Market Nav

News Details

05/02/2025 09:41

Maestros Electronics Q3 net profit zooms 294.74% at Rs 0.75 cr

The company reported standalone net profit of Rs 0.75 crore for the quarter ended December 31, 2024 as compared to Rs 0.19 crore in the same period last year, registering a year-on-year growth of 294.74 per cent.

Net revenue of the company rose substantially by 49.55 per cent at Rs 5.01 crore in October-December quarter of this fiscal as against Rs 3.35 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 29.65 per cent to Rs 4.46 crore from Rs 3.44 crore in year ago period.

Other Income grew by 8.33 per cent at Rs 0.65 crore versus (Dec'23 Rs 0.60 crore).

Operating Profit surged by 650.00 per cent to Rs 0.55 crore as against Rs -0.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 482.11 per cent in December quarter.

Interest declined by 53.33 per cent y-o-y to Rs 0.07 crore, while Taxation increased by 440.00 per cent at Rs 0.27 crore (Dec'23 Rs 0.05 crore).