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( As on 18/07/2025 10:10)

Garuda Construction Q1 net profit zooms 223.82% at Rs 28.01 cr

The company reported standalone net profit of Rs 28.01 crore for the quarter ended June 30, 2025 as compared to Rs 8.65 crore in the same period last year, registering a year-on-year growth of 223.82 per cent.

Net revenue of the company rose two fold by 256.28 per cent at Rs 125.16 crore in April-June quarter of this fiscal as against Rs 35.13 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 278.10 per cent to Rs 88.74 crore from Rs 23.47 crore in year ago period.

Other Income grew by 15100.00 per cent at Rs 1.52 crore versus (Jun'24 Rs 0.01 crore).

Operating Profit surged by 212.35 per cent to Rs 36.42 crore as against Rs 11.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.35 per cent in June quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.46 crore, while Taxation increased by 223.37 per cent at Rs 9.41 crore (Jun'24 Rs 2.91 crore).