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Astal Laboratories Q3 net profit zooms 408.16% at Rs 2.49 cr

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Dion Global

27 Jan 2025

The company reported standalone net profit of Rs 2.49 crore for the quarter ended December 31, 2024 as compared to Rs 0.49 crore in the same period last year, registering a year-on-year growth of 408.16 per cent.

Net revenue of the company rose substantially by 71.94 per cent at Rs 14.46 crore in October-December quarter of this fiscal as against Rs 8.41 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 40.53 per cent to Rs 11.13 crore from Rs 7.92 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.06 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 577.55 per cent to Rs 3.32 crore as against Rs 0.49 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 290.99 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.28 crore, while Taxation increased by 0.00 per cent at Rs 0.53 crore (Dec'23 Rs 0.00 crore).