Objectone Info’s Consolidated Net Sales for March 2023 Decline by 7.66% YoY

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.

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