News Details

( As on 12/02/2025 18:00)

Precot Q3 net profit up 4.77% at Rs 9.23 cr

The company reported standalone net profit of Rs 9.23 crore for the quarter ended December 31, 2024 as compared to Rs 8.81 crore in the same period last year, registering a year-on-year growth of 4.77 per cent.

Net revenue of the company rose moderately by 10.88 per cent at Rs 240.55 crore in October-December quarter of this fiscal as against Rs 216.95 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.63 per cent to Rs 223.91 crore from Rs 209.99 crore in year ago period.

Other Income dipped by 25.13 per cent at Rs 1.49 crore versus (Dec'23 Rs 1.99 crore).

Operating Profit surged by 44.39 per cent to Rs 25.60 crore as against Rs 17.73 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 30.23 per cent in December quarter.

Interest grew by 11.37 per cent y-o-y to Rs 9.01 crore, while Taxation increased by 257.58 per cent at Rs 3.64 crore (Dec'23 Rs -2.31 crore).