Shares of Rupa took a hit, declining over 3% after the release of its Q2 FY25 results.
For Q2 FY25, Rupa reported revenue from operations at ₹297.10 crore, a marginal dip of 1.6% from ₹302.08 crore in Q2 FY24. Net profit stood at ₹18.48 crore, down 10% from ₹20.53 crore in the same quarter last year, indicating weaker YoY growth.
The company showed stronger performance on a QoQ basis. Revenue surged by 41.3%, up from ₹210.29 crore in Q1 FY25, while net profit rose by a notable 76.6%, climbing from ₹10.46 crore in the previous quarter to ₹18.48 crore in Q2 FY25.
As of 10:23 am, Rupa shares were trading 3.12% lower at Rs 265.70 on the NSE.
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