Corrected PDF file of the quarterly results for June 2024
Awaiting price reaction for this filing.
Netripples Software Limited submitted a corrected PDF of its unaudited quarterly results for Q1 FY2024-25 (quarter ended 30 June 2024). Total revenue for the quarter stood at Rs. 95.68 lakh, up about 12.5% from Rs. 85.06 lakh in the same quarter last year, but down roughly 35% from the preceding quarter's Rs. 1.47 crore. Net profit came in at Rs. 3.18 lakh, more than double the Rs. 1.45 lakh posted in Q1 FY24, though still a small dip from Rs. 3.57 lakh in Q4 FY24. The auditor (BGS & Associates) issued an unqualified limited review report with no qualifications, emphasis of matter, or going concern flag. EPS for the quarter stood at Rs. 4.44, unchanged from the prior year.
Numbers are small in absolute terms and the QoQ revenue decline is notable, but the YoY profit growth and clean auditor opinion suggest no immediate red flags for shareholders. The 'corrected PDF' appears to be a format/file correction rather than a restatement of figures.