DIC INDIA Q3 : STANDALONE NET PROFIT TURNAROUND TO LOSS AT RS 0.55 CR (YOY), PROFIT VS LOSS (QOQ). WEAK (On 1st Look)

Revenue up 22.8% at ₹274.02 Cr (YOY), up 3.8% (QOQ). PBT at ₹1.34 Cr after ₹2.38 Cr exceptional expense related to new labour codes. Nine-month profit ₹3.67 Cr v ₹20.43 Cr (YOY); nine-month revenue ₹798.49 Cr v ₹653.36 Cr. Caution: ₹2.38 Cr one-time labour-code charge turned the Sep quarter into a loss.

DIC India Ltd

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