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11/02/2026 20:50

Mirc Electronics posts Q3 net loss of Rs 13.11 cr

The company reported standalone net loss during the quarter stood at Rs 13.11 crore as compared to net loss of Rs 5.27 crore in the previous year quarter.

Net revenue of the company rose substantially by 27.11 per cent at Rs 212.04 crore in October-December quarter of this fiscal as against Rs 166.81 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 30.71 per cent to Rs 220.38 crore from Rs 168.60 crore in year ago period.

Other Income grew by 33.72 per cent at Rs 3.45 crore versus (Dec'24 Rs 2.58 crore).

Operating Profit surged by 365.92 per cent to Rs -8.34 crore as against Rs -1.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 267.29 per cent in December quarter.

Interest declined by 6.25 per cent y-o-y to Rs 4.20 crore