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News Details

29/05/2024 19:30

Chandni Machines Q4 net profit down 82.05% at Rs 0.07 cr

The company reported standalone net profit of Rs 0.07 crore for the quarter ended March 31, 2024 as compared to Rs 0.39 crore in the same period last year, registering a year-on-year decline of 82.05 per cent.

Net revenue of the company rose three fold by 5930.88 per cent at Rs 41.01 crore in January-March quarter of this fiscal as against Rs 0.68 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 19414.29 per cent to Rs 40.98 crore from Rs 0.21 crore in year ago period.

Other Income grew by 61.54 per cent at Rs 0.21 crore versus (Mar'23 Rs 0.13 crore).

Operating Profit slipped by 93.62 per cent to Rs 0.03 crore as against Rs 0.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 99.90 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 42.86 per cent at Rs 0.08 crore (Mar'23 Rs 0.14 crore).