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( As on 24/11/2022 13:40) Abhinav Leasing Q2 net profit zooms 200.00% at Rs 0.12 cr

The company reported standalone net profit of Rs 0.12 crore for the quarter ended September 30, 2022 as compared to Rs 0.04 crore in the same period last year, registering a year-on-year growth of 200.00 per cent.

Net revenue of the company rose substantially by 45.90 per cent at Rs 13.00 crore in July-September quarter of this fiscal as against Rs 8.91 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 31.22 per cent to Rs 11.60 crore from Rs 8.84 crore in year ago period.

Other Income grew by 0.00 per cent at Rs -0.03 crore versus (Sep'21 Rs 0.00 crore).

Operating Profit surged by 1900.00 per cent to Rs 1.40 crore as against Rs 0.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1246.25 per cent in September quarter.

Interest grew by 4000.00 per cent y-o-y to Rs 1.23 crore