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(29/05/2025 11:03)

Latteys Industries Q4 net profit jumps 63.33% at Rs 0.49 cr

The company reported standalone net profit of Rs 0.49 crore for the quarter ended March 31, 2025 as compared to Rs 0.30 crore in the same period last year, registering a year-on-year growth of 63.33 per cent.

Net revenue of the company rose substantially by 41.44 per cent at Rs 24.44 crore in January-March quarter of this fiscal as against Rs 17.28 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 44.79 per cent to Rs 23.34 crore from Rs 16.12 crore in year ago period.

Other Income grew by 550.00 per cent at Rs 0.09 crore versus (Mar'24 Rs -0.02 crore).

Operating Profit slipped by 5.98 per cent to Rs 1.10 crore as against Rs 1.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 33.33 per cent in March quarter.

Interest declined by 58.00 per cent y-o-y to Rs 0.21 crore, while Taxation increased by 1750.00 per cent at Rs 0.33 crore (Mar'24 Rs -0.02 crore).