Comments
Otco International Ltd’s shares were down by 9 per cent after the company reported a 44 per cent decrease in profit for the quarter ended June 30, 2023, at Rs 2.83 lakh, compared to Rs 5.13 lakh in the corresponding quarter last year.
Revenues were up 504 per cent at Rs 36.28 lakh, compared to Rs 6 lakh last year. Sequentially, profits were 72 per cent lower compared to Rs 10.27 lakh in the previous quarter.
The shares were down by 9 per cent at Rs 4.72 at 12.53 pm on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.