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News Details

03/02/2026 19:10

STL Networks posts Q3 net loss of Rs 2.24 cr

The company reported standalone net loss during the quarter stood at Rs 2.24 crore compared to net profit of Rs 7.58 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 15.71 per cent at Rs 304.76 crore in October-December quarter of this fiscal as against Rs 263.39 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 23.42 per cent to Rs 282.62 crore from Rs 228.99 crore in year ago period.

Other Income grew by 249.48 per cent at Rs 10.03 crore versus (Dec'24 Rs 2.87 crore).

Operating Profit slipped by 40.15 per cent to Rs 22.14 crore as against Rs 36.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.29 per cent in December quarter.

Interest grew by 3.37 per cent y-o-y to Rs 27.91 crore, while Taxation decreased by 89.31 per cent at Rs 0.34 crore (Dec'24 Rs 3.18 crore).