Markets

Market Nav

News Details

14/08/2025 23:00

Algoquant Fintech Q1 net profit zooms 197.39% at Rs 4.55 cr

The company reported standalone net profit of Rs 4.55 crore for the quarter ended June 30, 2025 as compared to Rs 1.53 crore in the same period last year, registering a year-on-year growth of 197.39 per cent.

Net revenue of the company rose two fold by 233.95 per cent at Rs 54.50 crore in April-June quarter of this fiscal as against Rs 16.32 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 215.12 per cent to Rs 45.03 crore from Rs 14.29 crore in year ago period.

Other Income dipped by 71.43 per cent at Rs 0.02 crore versus (Jun'24 Rs 0.07 crore).

Operating Profit surged by 366.50 per cent to Rs 9.47 crore as against Rs 2.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 39.52 per cent in June quarter.

Interest grew by 254.17 per cent y-o-y to Rs 1.70 crore, while Taxation increased by 655.26 per cent at Rs 2.11 crore (Jun'24 Rs -0.38 crore).