Colab Cloud Platforms will hold a meeting of the Board of Directors of the Company on 1 July 2024.Powered by Capital Market - Live News

Colab Cloud Platforms announced the appointment of Amardeep Singh, as the new Executive Director of the company. In his role as Executive Director, Singh will be Spearheading the company`s strategic initiatives, driving operational excellence, and leading the expansion into Sports Technology and Management.Powered by Capital Market - Live News

Colab Cloud Platforms announced its strategic diversification into the Sports Management and Sports Technology industry. This move targets a significant market opportunity valued at Rs 15,766 crore according to GroupM ESO Sporting Nation Report 2024, positioning Colab Cloud to leverage its technological prowess across various segments of the sports industry. This strategic expansion will see Colab Cloud utilizing its advanced technology capabilities in innovative ways, including management and development of sports Intellectual Properties (IPs), Fan Engagement platforms, and Virtual reality (VR) and Augmented reality (AR) experiences.Powered by Capital Market - Live News

Colab Cloud Platforms will hold a meeting of the Board of Directors of the Company on 20 June 2024.Powered by Capital Market - Live News

Net profit of Colab Cloud Platforms rose 11.11% to Rs 0.20 crore in the quarter ended March 2024 as against Rs 0.18 crore during the previous quarter ended March 2023. Sales declined 78.43% to Rs 0.11 crore in the quarter ended March 2024 as against Rs 0.51 crore during the previous quarter ended March 2023.For the full year,net profit rose 110.59% to Rs 1.79 crore in the year ended March 2024 as against Rs 0.85 crore during the previous year ended March 2023. Sales rose 6.00% to Rs 1.59 crore in the year ended March 2024 as against Rs 1.50 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales0.110.51 -78 1.591.50 6 OPM %27.2794.12 -69.8176.67 - PBDT0.190.48 -60 1.781.15 55 PBT0.190.48 -60 1.781.15 55 NP0.200.18 11 1.790.85 111 Powered by Capital Market - Live News