News Details

( As on 17/09/2026 19:20)

CMI posts Q3 net loss of Rs 1.79 cr

The company reported standalone net loss during the quarter stood at Rs 1.79 crore as compared to net loss of Rs 8.18 crore in the previous year quarter.

Net revenue of the company declined substantially by 73.07 per cent at Rs 11.85 crore in October-December quarter of this fiscal as against Rs 44.00 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 74.36 per cent to Rs 11.87 crore from Rs 46.30 crore in year ago period.

Other Income dipped by 76.00 per cent at Rs 0.12 crore versus (Dec'24 Rs 0.50 crore).

Operating Profit slipped by 99.13 per cent to Rs -0.02 crore as against Rs -2.30 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 97.32 per cent in December quarter.

Interest declined by 93.88 per cent y-o-y to Rs 0.03 crore