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07/02/2025 14:32

Anand Rayons Q3 net profit up 10.96% at Rs 0.81 cr

The company reported standalone net profit of Rs 0.81 crore for the quarter ended December 31, 2024 as compared to Rs 0.73 crore in the same period last year, registering a year-on-year growth of 10.96 per cent.

Net revenue of the company declined moderately by 17.62 per cent at Rs 74.64 crore in October-December quarter of this fiscal as against Rs 90.60 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 18.16 per cent to Rs 72.90 crore from Rs 89.08 crore in year ago period.

Operating Profit surged by 14.47 per cent to Rs 1.74 crore as against Rs 1.52 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 39.52 per cent in December quarter.

Interest grew by 12.50 per cent y-o-y to Rs 0.81 crore