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Gratex Industrie Q3 net profit zooms 150.00% at Rs 0.05 cr

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Dion Global

11 Feb 2025

The company reported standalone net profit of Rs 0.05 crore for the quarter ended December 31, 2024 as compared to Rs 0.02 crore in the same period last year, registering a year-on-year growth of 150.00 per cent.

Net revenue of the company declined marginally by 3.81 per cent at Rs 1.01 crore in October-December quarter of this fiscal as against Rs 1.05 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 8.16 per cent to Rs 0.90 crore from Rs 0.98 crore in year ago period.

Operating Profit surged by 42.86 per cent to Rs 0.10 crore as against Rs 0.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 57.38 per cent in December quarter.

Taxation increased by 100.00 per cent at Rs 0.02 crore (Dec'23 Rs 0.01 crore).