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31/05/2025 12:54

Modern Engineering Q4 net profit zooms 474.23% at Rs 9.36 cr

The company reported standalone net profit of Rs 9.36 crore for the quarter ended March 31, 2025 as compared to Rs 1.63 crore in the same period last year, registering a year-on-year growth of 474.23 per cent.

Net revenue of the company rose marginally by 3.58 per cent at Rs 42.20 crore in January-March quarter of this fiscal as against Rs 40.74 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 15.39 per cent to Rs 30.51 crore from Rs 36.06 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.24 crore versus (Mar'24 Rs 0.00 crore).

Operating Profit surged by 149.79 per cent to Rs 11.69 crore as against Rs 4.68 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 140.99 per cent in March quarter.

Interest declined by 20.00 per cent y-o-y to Rs 0.28 crore, while Taxation decreased by 11.68 per cent at Rs 1.74 crore (Mar'24 Rs 1.97 crore).