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News Details

06/08/2025 18:40

IB Infotech Q1 net profit zooms 174.19% at Rs 0.85 cr

The company reported standalone net profit of Rs 0.85 crore for the quarter ended June 30, 2025 as compared to Rs 0.31 crore in the same period last year, registering a year-on-year growth of 174.19 per cent.

Net revenue of the company declined marginally by 2.99 per cent at Rs 2.27 crore in April-June quarter of this fiscal as against Rs 2.34 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 42.39 per cent to Rs 1.06 crore from Rs 1.84 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Jun'24 Rs 0.00 crore).

Operating Profit surged by 140.00 per cent to Rs 1.20 crore as against Rs 0.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 146.08 per cent in June quarter.

Interest grew by 250.00 per cent y-o-y to Rs 0.07 crore, while Taxation increased by 190.00 per cent at Rs 0.29 crore (Jun'24 Rs 0.10 crore).