Optiemus Infracom has incorporated a new wholly owned subsidiary in the name of Optiemus Unmanned Systems on 21 June 2024. Powered by Capital Market - Live News

Net profit of Optiemus Infracom rose 39.61% to Rs 24.04 crore in the quarter ended March 2024 as against Rs 17.22 crore during the previous quarter ended March 2023. Sales rose 43.94% to Rs 490.10 crore in the quarter ended March 2024 as against Rs 340.50 crore during the previous quarter ended March 2023.For the full year,net profit rose 35.56% to Rs 56.76 crore in the year ended March 2024 as against Rs 41.87 crore during the previous year ended March 2023. Sales rose 30.14% to Rs 1527.72 crore in the year ended March 2024 as against Rs 1173.88 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales490.10340.50 44 1527.721173.88 30 OPM %5.93-1.50 -5.151.52 - PBDT41.4227.44 51 93.7366.09 42 PBT35.7723.71 51 76.0953.13 43 NP24.0417.22 40 56.7641.87 36 Powered by Capital Market - Live News

Optiemus Infracom will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

The Board of Optiemus Infracom at its meeting held on 14 May 2024 has approved the acquisition of 2,90,50,000 equity shares of Rs 10 each at an offer price of Rs 10 each amounting to a consideration of Rs 29.05 crore by way of subscribing to the right issue of Bharat Innovative Glass Technologies, joint venture cum subsidiary of the company. Powered by Capital Market - Live News

Net profit of Optiemus Infracom rose 42.64% to Rs 17.93 crore in the quarter ended December 2023 as against Rs 12.57 crore during the previous quarter ended December 2022. Sales rose 47.45% to Rs 481.70 crore in the quarter ended December 2023 as against Rs 326.68 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales481.70326.68 47 OPM %4.574.54 - PBDT23.1315.76 47 PBT19.1013.07 46 NP17.9312.57 43 Powered by Capital Market - Live News