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Harshil Agrotech Q3 net profit zooms 2640.00% at Rs 5.48 cr

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Dion Global

31 Jan 2025

The company reported standalone net profit of Rs 5.48 crore for the quarter ended December 31, 2024 as compared to Rs 0.20 crore in the same period last year, registering a year-on-year growth of 2640.00 per cent.

Net revenue of the company rose three fold by 714.24 per cent at Rs 25.73 crore in October-December quarter of this fiscal as against Rs 3.16 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 595.56 per cent to Rs 20.38 crore from Rs 2.93 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 2133.33 per cent to Rs 5.36 crore as against Rs 0.24 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 179.84 per cent in December quarter.

Taxation decreased by 433.33 per cent at Rs -0.10 crore (Dec'23 Rs 0.03 crore).