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11/02/2025 13:00

ATV Projects Q3 net profit up 36.89% at Rs 1.67 cr

The company reported standalone net profit of Rs 1.67 crore for the quarter ended December 31, 2024 as compared to Rs 1.22 crore in the same period last year, registering a year-on-year growth of 36.89 per cent.

Net revenue of the company rose substantially by 33.59 per cent at Rs 15.67 crore in October-December quarter of this fiscal as against Rs 11.73 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 34.60 per cent to Rs 13.81 crore from Rs 10.26 crore in year ago period.

Other Income grew by 600.00 per cent at Rs 0.07 crore versus (Dec'23 Rs 0.01 crore).

Operating Profit surged by 26.53 per cent to Rs 1.86 crore as against Rs 1.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.57 per cent in December quarter.

Taxation decreased by 50.00 per cent at Rs -0.01 crore (Dec'23 Rs -0.02 crore).