Markets

Market Nav

News Details

08/08/2025 17:20

Banco Products Q1 net profit jumps 72.36% at Rs 47.90 cr

The company reported standalone net profit of Rs 47.90 crore for the quarter ended June 30, 2025 as compared to Rs 27.79 crore in the same period last year, registering a year-on-year growth of 72.36 per cent.

Net revenue of the company rose moderately by 15.40 per cent at Rs 296.75 crore in April-June quarter of this fiscal as against Rs 257.14 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 13.81 per cent to Rs 241.77 crore from Rs 212.44 crore in year ago period.

Other Income grew by 1026.53 per cent at Rs 11.04 crore versus (Jun'24 Rs 0.98 crore).

Operating Profit surged by 33.27 per cent to Rs 59.57 crore as against Rs 44.70 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.48 per cent in June quarter.

Interest declined by 93.10 per cent y-o-y to Rs 0.14 crore, while Taxation increased by 62.42 per cent at Rs 15.82 crore (Jun'24 Rs 9.74 crore).