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News Details

( As on 10/11/2025 10:51)

GVP Infotech posts Q2 net loss of Rs 90.29 cr

The company reported standalone net loss during the quarter stood at Rs 90.29 crore compared to net profit of Rs 0.02 crore in the previous year quarter.ÿ

Net revenue of the company rose three fold by 366.67 per cent at Rs 1.82 crore in July-September quarter of this fiscal as against Rs 0.39 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 12341.89 per cent to Rs 92.07 crore from Rs 0.74 crore in year ago period.

Other Income dipped by 71.43 per cent at Rs 0.12 crore versus (Sep'24 Rs 0.42 crore).

Operating Profit surged by 25685.71 per cent to Rs -90.25 crore as against Rs -0.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5482.68 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 0.00 per cent at Rs -0.02 crore (Sep'24 Rs 0.00 crore).