FDC has reported its Q3 financial performance with a mixed trend across key metrics. The company’s net profit for the quarter declined sharply by 23.5% year-on-year to ₹28.3 crore, compared with ₹37 crore in the corresponding quarter last year, reflecting pressure on the bottom line despite stable revenue.

Revenue for the quarter stood at ₹465 crore, remaining largely flat on a year-on-year basis. The unchanged topline indicates steady demand conditions, but limited growth momentum during the period.

Operationally, FDC delivered an improvement. EBITDA rose by 12.4% year-on-year to ₹52.3 crore, up from ₹46.5 crore in Q3 of the previous year. This improvement was supported by better operating efficiencies, which also led to an expansion in profitability margins.

EBITDA margin improved to 11.3% during the quarter, compared with 10% in the same period last year, marking a year-on-year expansion of 130 basis points. The margin expansion suggests tighter cost control and improved operational leverage, even as revenue growth remained muted.

TOPICS: FDC