Profit before tax stood at Rs 5.67 crore in Q4 FY24, registering the growth of 64.35% as compared with Rs 3.45 crore in Q4 FY23. Tax expense jumped 74.63% to Rs 1.17 crore during the quarter from 0.67 crore posted in Q4 FY23.
Total expenses declined 4.41% YoY to Rs 0.65 crore in Q4 FY24 while employee benefit expenses rose 5.41% to Rs 0.39 crore in Q4 FY24 as against Rs 0.37 crore in corresponding quarter last year.
On financial year 2024 basis, the company?s net profit jumped 92.66% to Rs 9.19 crore in FY24 as compared with Rs 4.77 crore in FY23. Revenue from operations declined 6.22% YoY to Rs 1.96 crore in FY24.
Netlink Solutions (India) is a leading business solutions provider in B2B marketplace and web-based solutions. the company owns and manages three major business divisions, Aditya Infotech, 'Gifts & Accessories E-Magazine, and Corporate gift show, which is in liaison with world renowned trade show organizer Messe Frankfurt. These major divisions are further branched into separate business ventures to provide integrated business development solutions to all sectors of industries in India.
The scrip hit an all time high at Rs 158.90 in intraday today.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
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Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits. Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns. Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices. At times, the holdings of customers are sold at prices detrimental to the customer.
The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
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The following illicit activities by the persons named herein have come to the notice of Stock Exchanges: