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Artificial Electroni Q3 net profit zooms 1820.00% at Rs 1.92 cr

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Dion Global

12 Feb 2025

The company reported standalone net profit of Rs 1.92 crore for the quarter ended December 31, 2024 as compared to Rs 0.10 crore in the same period last year, registering a year-on-year growth of 1820.00 per cent.

Net revenue of the company rose three fold by 2034.57 per cent at Rs 17.29 crore in October-December quarter of this fiscal as against Rs 0.81 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 2129.85 per cent to Rs 14.94 crore from Rs 0.67 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.27 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 1578.57 per cent to Rs 2.35 crore as against Rs 0.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.04 per cent in December quarter.

Taxation increased by 2233.33 per cent at Rs 0.70 crore (Dec'23 Rs 0.03 crore).