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News Details

14/02/2025 16:40

Sibar Auto Parts posts Q3 net loss of Rs 0.07 cr

The company reported standalone net loss during the quarter stood at Rs 0.07 crore as compared to net loss of Rs 0.55 crore in the previous year quarter.

Net revenue of the company rose substantially by 30.68 per cent at Rs 5.58 crore in October-December quarter of this fiscal as against Rs 4.27 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 20.31 per cent to Rs 5.51 crore from Rs 4.58 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.05 crore versus (Dec'23 Rs 0.05 crore).

Operating Profit surged by 122.58 per cent to Rs 0.07 crore as against Rs -0.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 117.87 per cent in December quarter.

Interest declined by 57.14 per cent y-o-y to Rs 0.06 crore