Palred Technologies, a consumer electronics and e-commerce company, has posted a lower consolidated net profit of ₹37 lakh in the quarter-ended September as against ₹1.19 crore in the same quarter previous year.
Its revenue for the second quarter stood at ₹47.19 crore (₹39.31 crore).
The company registered a consolidated net profit of ₹61 lakh in the first half of the financial year as against ₹1.49 crore in the same period previous year.
It posted a consolidated revenue of ₹74.72 crore in the first half as against ₹53.94 crore in the comparable quarter previous year.
pTron, the electronics accessories brand of Palred Technologies, registered a spurt in sales in the first half. The number of units sold went up from 12.93 lakhs in the first half of 2020-21 to 21.63 lakh units in the first two quarters of the current financial year.
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.