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08/02/2025 20:31

Coastal Roadways Q3 net profit zooms 388.89% at Rs 0.44 cr

The company reported standalone net profit of Rs 0.44 crore for the quarter ended December 31, 2024 as compared to Rs 0.09 crore in the same period last year, registering a year-on-year growth of 388.89 per cent.

Net revenue of the company rose moderately by 18.69 per cent at Rs 10.48 crore in October-December quarter of this fiscal as against Rs 8.83 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 13.30 per cent to Rs 9.54 crore from Rs 8.42 crore in year ago period.

Other Income dipped by 33.33 per cent at Rs 0.04 crore versus (Dec'23 Rs 0.06 crore).

Operating Profit surged by 129.27 per cent to Rs 0.94 crore as against Rs 0.41 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 93.32 per cent in December quarter.

Interest declined by 33.33 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 533.33 per cent at Rs 0.19 crore (Dec'23 Rs 0.03 crore).