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( As on 07/02/2025 17:42)

Inspirisys Solutions Q3 net profit zooms 167.11% at Rs 14.13 cr

The company reported standalone net profit of Rs 14.13 crore for the quarter ended December 31, 2024 as compared to Rs 5.29 crore in the same period last year, registering a year-on-year growth of 167.11 per cent.

Net revenue of the company declined substantially by 34.97 per cent at Rs 77.33 crore in October-December quarter of this fiscal as against Rs 118.92 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 33.65 per cent to Rs 73.32 crore from Rs 110.51 crore in year ago period.

Other Income grew by 260.00 per cent at Rs 1.98 crore versus (Dec'23 Rs 0.55 crore).

Operating Profit slipped by 52.32 per cent to Rs 4.01 crore as against Rs 8.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.59 per cent in December quarter.

Interest declined by 20.61 per cent y-o-y to Rs 1.31 crore, while Taxation decreased by 1000.00 per cent at Rs -10.35 crore (Dec'23 Rs 1.15 crore).