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Aryavan Enterprise Q2 net profit zooms 212.50% at Rs 0.25 cr

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Dion Global

31 Oct 2024

The company reported standalone net profit of Rs 0.25 crore for the quarter ended September 30, 2024 as compared to Rs 0.08 crore in the same period last year, registering a year-on-year growth of 212.50 per cent.

Net revenue of the company rose three fold by 1782.35 per cent at Rs 6.40 crore in July-September quarter of this fiscal as against Rs 0.34 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 1809.38 per cent to Rs 6.11 crore from Rs 0.32 crore in year ago period.

Other Income dipped by 33.33 per cent at Rs 0.04 crore versus (Sep'23 Rs 0.06 crore).

Operating Profit surged by 1350.00 per cent to Rs 0.29 crore as against Rs 0.02 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.93 per cent in September quarter.

Taxation increased by 0.00 per cent at Rs 0.08 crore (Sep'23 Rs 0.00 crore).