The company’s revenue from operation surged to Rs 2,010 crore against Rs 1656.76 crore from the year-ago period, a growth of 21.3 percent on-year. Sequentially, it was a decline of 7 percent.
PCBL Q3 Profit Takes a Dive
PCBL, the company, saw its third-quarter profit decline by 37% to Rs 93 crore. This compares to Rs 148 crore in the same period last year. While revenue for the quarter climbed to Rs 2,010 crore, up 21.3% year-over-year, it marked a 7% decrease compared to the previous quarter. The company has announced an interim dividend of Rs 5.50 per share. This news comes amidst broader market fluctuations and is likely to be closely watched by investors.
