R K Swamy’s revenue from operations narrowed by approximately 5.5% to Rs 72.14 crore in Q3, FY24 from Rs 76.34 crore in Q3, FY23. However, the net profit increased by 18.06% to Rs 5.62 crore in Q3, FY24 from Rs 4.76 crore in Q3, FY23.
“We are pleased to share the results with our new extended family of shareholders. Our recently concluded public offering of shares was subscribed 26 times. Our listed journey has begun and we are looking forward to the next phase of our growth journey,” Shekar Swamy, Group CEO, R K Swamy Limited, said.
“Our industry performance is skewed towards the latter half of the year. The fourth quarter is usually the period when budgets are exhausted and tends to be the largest quarter. We are happy to report a 27% growth in PAT for the nine months ended December 31, 2023 as compared to the corresponding period of the previous Fiscal year,” Rajeev Newar, Group CFO, R K Swamy Limited, said.