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( As on 16/07/2025 18:20)

Axtel Industries Q1 net profit down 53.77% at Rs 1.90 cr

The company reported standalone net profit of Rs 1.90 crore for the quarter ended June 30, 2025 as compared to Rs 4.11 crore in the same period last year, registering a year-on-year decline of 53.77 per cent.

Net revenue of the company declined substantially by 39.11 per cent at Rs 27.22 crore in April-June quarter of this fiscal as against Rs 44.70 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 34.45 per cent to Rs 25.71 crore from Rs 39.22 crore in year ago period.

Other Income grew by 102.20 per cent at Rs 1.84 crore versus (Jun'24 Rs 0.91 crore).

Operating Profit slipped by 72.26 per cent to Rs 1.52 crore as against Rs 5.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 54.45 per cent in June quarter.

Interest declined by 61.11 per cent y-o-y to Rs 0.07 crore, while Taxation decreased by 78.05 per cent at Rs 0.27 crore (Jun'24 Rs 1.23 crore).