News Details

( As on 12/02/2026 21:00)

NIBE posts Q3 net loss of Rs 13.38 cr

The company reported standalone net loss during the quarter stood at Rs 13.38 crore compared to net profit of Rs 2.82 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 72.71 per cent at Rs 37.90 crore in October-December quarter of this fiscal as against Rs 138.88 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 65.40 per cent to Rs 45.21 crore from Rs 130.65 crore in year ago period.

Other Income dipped by 19.57 per cent at Rs 1.11 crore versus (Dec'24 Rs 1.38 crore).

Operating Profit slipped by 188.82 per cent to Rs -7.31 crore as against Rs 8.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 425.46 per cent in December quarter.

Interest grew by 102.00 per cent y-o-y to Rs 4.04 crore, while Taxation decreased by 756.67 per cent at Rs -1.97 crore (Dec'24 Rs 0.30 crore).