Considered and approved the unaudited financial results along with the Statement of Assets and Liabilities and the Cash Flow Statement for the half year ended on 30th September, 2025 as ....
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PlatinumOne Business Services Ltd announced its unaudited half-yearly results for the period ended September 30, 2025. Revenue from operations stood at ₹1,523.28 lakhs, a slight dip from ₹1,555.69 lakhs in the same period last year. Net profit nearly halved to ₹68.08 lakhs (from ₹140.97 lakhs in H1 FY25), largely because depreciation and amortisation expenses surged to ₹106.03 lakhs from ₹26.75 lakhs. Total expenses rose about 5% to ₹1,447.51 lakhs. Operating profit before finance costs fell to ₹94.85 lakhs versus ₹201.60 lakhs a year ago, indicating clear margin compression. The board declared an interim dividend of ₹2 per share (20%), with the record date set for October 18, 2025. The statutory auditor (Bilimoria Mehta & Co.) issued an unmodified review opinion.
The sharp drop in profits despite flat revenue may worry shareholders, but the 20% interim dividend signals management's confidence in cash generation. Investors should watch whether the elevated depreciation is a one-off or a continuing trend before assuming earnings will recover.