New Delhi, Aug 10 (PTI) Colab Platforms Limited has reported an 18 per cent jump in profit after tax to Rs 1.42 crore for the April-June quarter of this fiscal, the company said in a statement..
The company had reported a PAT of Rs 1.20 crore in the year-ago quarter, the statement said..
Consolidated revenue from operations increased 49.8 per cent on year to Rs 32.64 crore compared to Rs 21.78 crore in the year-ago period, it said. The company said it continued to scale its subsidiary platforms, which contributed Rs 10.11 crore in operating revenue on a non-standalone basis during the quarter..
“The results reflect the continued contribution from our subsidiary platforms, disciplined cost management and the operating leverage inherent in our technology-enabled
business model,” Puneet Singh Chandhok, Managing Director of Colab Platforms Limited, said. PTI PRS PRS MR
