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News Details

01/02/2025 14:40

Incap Q3 net profit jumps 100.00% at Rs 0.20 cr

The company reported standalone net profit of Rs 0.20 crore for the quarter ended December 31, 2024 as compared to Rs 0.10 crore in the same period last year, registering a year-on-year growth of 100.00 per cent.

Net revenue of the company rose three fold by 331.97 per cent at Rs 16.89 crore in October-December quarter of this fiscal as against Rs 3.91 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 358.94 per cent to Rs 16.43 crore from Rs 3.58 crore in year ago period.

Operating Profit surged by 39.39 per cent to Rs 0.46 crore as against Rs 0.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 67.15 per cent in December quarter.

Interest grew by 38.46 per cent y-o-y to Rs 0.18 crore