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News Details

( As on 10/02/2026 19:40)

Hitech Corporation posts Q3 net loss of Rs 3.27 cr

The company reported standalone net loss during the quarter stood at Rs 3.27 crore compared to net profit of Rs 1.43 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 6.94 per cent at Rs 131.54 crore in October-December quarter of this fiscal as against Rs 123.00 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 9.37 per cent to Rs 120.07 crore from Rs 109.78 crore in year ago period.

Other Income dipped by 78.35 per cent at Rs 0.21 crore versus (Dec'24 Rs 0.97 crore).

Operating Profit slipped by 13.31 per cent to Rs 11.46 crore as against Rs 13.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.88 per cent in December quarter.

Interest grew by 14.62 per cent y-o-y to Rs 4.47 crore, while Taxation increased by 385.71 per cent at Rs -1.02 crore (Dec'24 Rs -0.21 crore).