September quarter revenue rises 30%, but margin narrows
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 7.6 pts more than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved unaudited September quarter and half-year results. Quarter revenue rose 30% to Rs 4,457.68 lakh and net profit rose 16% to Rs 426.03 lakh. Half-year revenue rose 29% to Rs 6,780.80 lakh and net profit rose 19% to Rs 456.18 lakh. The margin before interest, tax, depreciation and amortisation narrowed to 15.5% from 18.7%. Operating cash flow was Rs 14,105.59 lakh, borrowings were nil, and the review found no material misstatement.
Strong sales growth, higher profit, positive cash flow and nil bank borrowings are positive, though narrower margins may limit stock gains.