Updated financial results with minor corrections to meet the format requirements
Awaiting price reaction for this filing.
Netripples Software Ltd reported standalone unaudited results for Q3 FY2024-25 (Oct-Dec 2024) with revenue from operations of about ₹15.98 lakh. For the nine months ended 31 December 2024, revenue grew to ₹42.25 lakh from ₹24.68 lakh in the same period last year, a jump of roughly 71%. The company swung back to profit, posting a net profit after tax of ₹12.80 lakh for the nine-month period versus a loss of ₹2.01 lakh a year earlier. Q3 standalone net profit stood at ₹5.55 lakh, with EPS of ₹0.08 for the quarter and ₹0.19 for nine months. The board approved results at its 20 January 2025 meeting and statutory auditor BGS & Associates issued an unqualified limited review report.
A sharp revenue rebound and a return to profitability from prior-year losses is a positive turnaround signal for shareholders, though absolute numbers remain small. Clean auditor opinion supports credibility of the numbers.