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( As on 08/08/2025 19:40)

Hitech Corporation Q1 net profit down 16.05% at Rs 3.40 cr

The company reported standalone net profit of Rs 3.40 crore for the quarter ended June 30, 2025 as compared to Rs 4.05 crore in the same period last year, registering a year-on-year decline of 16.05 per cent.

Net revenue of the company rose moderately by 7.15 per cent at Rs 152.82 crore in April-June quarter of this fiscal as against Rs 142.62 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 6.64 per cent to Rs 134.78 crore from Rs 126.39 crore in year ago period.

Other Income dipped by 61.22 per cent at Rs 0.38 crore versus (Jun'24 Rs 0.98 crore).

Operating Profit surged by 11.21 per cent to Rs 18.05 crore as against Rs 16.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.78 per cent in June quarter.

Interest grew by 13.67 per cent y-o-y to Rs 4.49 crore, while Taxation decreased by 6.15 per cent at Rs 1.22 crore (Jun'24 Rs 1.30 crore).