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13/02/2025 16:40

Jayshree Tea Q3 net profit zooms 4197.11% at Rs 74.34 cr

The company reported standalone net profit of Rs 74.34 crore for the quarter ended December 31, 2024 as compared to Rs 1.73 crore in the same period last year, registering a year-on-year growth of 4197.11 per cent.

Net revenue of the company rose moderately by 14.48 per cent at Rs 232.96 crore in October-December quarter of this fiscal as against Rs 203.49 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 3.63 per cent to Rs 225.16 crore from Rs 217.28 crore in year ago period.

Other Income dipped by 13.18 per cent at Rs 26.14 crore versus (Dec'23 Rs 30.11 crore).

Operating Profit surged by 156.56 per cent to Rs 7.80 crore as against Rs -13.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 149.41 per cent in December quarter.

Interest grew by 3.58 per cent y-o-y to Rs 9.56 crore