Hyderabad, January 31, 2025 – PFL Infotech Ltd. (BSE: 531769) has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a net loss of ₹0.816 lakh for Q3 FY2024, with no revenue generated during the period.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY2024 (Unaudited) | Q3 FY2023 (Unaudited) | 9M FY2024 (Unaudited) | 9M FY2023 (Unaudited) |
|---|---|---|---|---|
| Total Income | 0.000 | 0.000 | 0.000 | 0.000 |
| Total Expenses | 12.399 | 2.442 | 12.399 | 2.442 |
| Net Profit / (Loss) | (0.816) | (0.700) | (12.399) | (2.442) |
| Earnings Per Share (₹) | (0.011) | (0.009) | (0.166) | (0.033) |
Performance Review
- The company reported zero revenue from operations for the quarter and nine-month period.
- Administrative expenses increased significantly to ₹11.643 lakh in Q3 FY2024, compared to ₹1.677 lakh in Q3 FY2023, contributing to the higher losses.
- Employee expenses stood at ₹0.255 lakh for the quarter.
- The company has reported consistent net losses over the past quarters.
- The paid-up equity share capital remains at ₹747.810 lakh.
Corporate Announcements
- The Board Meeting commenced at 3:30 PM and concluded at 4:00 PM.
- The Limited Review Report was issued by the company’s statutory auditors.
- The financial results have been prepared in compliance with Indian Accounting Standards (IND AS) and SEBI guidelines.