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07/02/2025 19:21

7Seas Entertainment Q3 net profit jumps 77.78% at Rs 0.48 cr

The company reported standalone net profit of Rs 0.48 crore for the quarter ended December 31, 2024 as compared to Rs 0.27 crore in the same period last year, registering a year-on-year growth of 77.78 per cent.

Net revenue of the company rose substantially by 42.86 per cent at Rs 4.30 crore in October-December quarter of this fiscal as against Rs 3.01 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 39.33 per cent to Rs 3.72 crore from Rs 2.67 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.07 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 70.59 per cent to Rs 0.58 crore as against Rs 0.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 19.72 per cent in December quarter.

Taxation increased by 0.00 per cent at Rs 0.03 crore (Dec'23 Rs 0.00 crore).