Markets

Market Nav

News Details

13/02/2025 19:00

Bhagwati Auto. Q3 net profit zooms 14000.00% at Rs 1.41 cr

The company reported standalone net profit of Rs 1.41 crore for the quarter ended December 31, 2024 as compared to Rs 0.01 crore in the same period last year, registering a year-on-year growth of 14000.00 per cent.

Net revenue of the company rose substantially by 29.80 per cent at Rs 31.67 crore in October-December quarter of this fiscal as against Rs 24.40 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 19.53 per cent to Rs 28.83 crore from Rs 24.12 crore in year ago period.

Other Income grew by 220.00 per cent at Rs 0.16 crore versus (Dec'23 Rs 0.05 crore).

Operating Profit surged by 882.76 per cent to Rs 2.85 crore as against Rs 0.29 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 668.38 per cent in December quarter.

Interest grew by 19.23 per cent y-o-y to Rs 0.31 crore, while Taxation increased by 212.28 per cent at Rs 0.64 crore (Dec'23 Rs -0.57 crore).