Objectone Information Systems Registers 7.66% YoY Decrease in Consolidated Net Sales for March 2023, Amounting to Rs. 9.20 Crore
Objectone Information Systems has released their consolidated quarterly numbers, revealing a decline in net sales. In March 2023, the company’s net sales reached Rs. 9.20 crore, showing a decrease of 7.66% compared to March 2022 when it was Rs. 9.96 crore.
Furthermore, there was a decrease in the quarterly net profit, which amounted to Rs. 0.40 crore in March 2023, down by 19.05% from March 2022 when it was Rs. 0.50 crore.
The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 stood at Rs. 0.89 crore, demonstrating a decline of 5.32% from March 2022 when it was Rs. 0.94 crore.
In terms of earnings per share (EPS), Objectone Info witnessed a decrease, with the EPS falling to Rs. 0.38 in March 2023 from Rs. 0.47 in March 2022.
Please note that the provided information is based on the available data.
IMP Links:
