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10/02/2025 08:50

Vama Industries Q3 net profit zooms 4050.00% at Rs 0.83 cr

The company reported standalone net profit of Rs 0.83 crore for the quarter ended December 31, 2024 as compared to Rs 0.02 crore in the same period last year, registering a year-on-year growth of 4050.00 per cent.

Net revenue of the company rose three fold by 2832.28 per cent at Rs 55.42 crore in October-December quarter of this fiscal as against Rs 1.89 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 3304.38 per cent to Rs 54.47 crore from Rs 1.60 crore in year ago period.

Other Income grew by 300.00 per cent at Rs 0.04 crore versus (Dec'23 Rs 0.01 crore).

Operating Profit surged by 216.67 per cent to Rs 0.95 crore as against Rs 0.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 89.14 per cent in December quarter.

Interest declined by 75.00 per cent y-o-y to Rs 0.06 crore