East West Holdings announces third quarter results
According to an exchange filing, East-West Holding reported net revenue from operations of Rs 42.04 crore in the third quarter of FY24.
Homegrown logistics solutions provider East West Holdings has announced financial results for the third quarter and nine months ended December 31, 2024.
According to an exchange filing, East-West Holding reported net revenue from operations of Rs 42.04 crore in the third quarter of FY24 while it was 63.55 crore in the corresponding quarter last year. The revenue from operations in the last quarter ended September 30 was Rs 43.43 crore.
The company also said that its profit before tax (PBT) stood at Rs 45 lakh in the December quarter of the current financial year. It was Rs 28.38 lakh in the previous quarter of FY24.
Total expenses were lower by around 35 per cent at Rs 41.94 crore in the December quarter. It was 64.97 crore in the corresponding quarter of FY23.
The company's Quarterly Net Profit was at Rs 0.11 crore in September 2023, up 178.26 per cent from Rs 0.14 crore in September 2022.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.