Moschip Tech Q3 Profit Plunges 60.8%, Margins Contract to 9.9% Despite Revenue Growth
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CNBC TV18•31-01-2026, 16:47
Moschip Tech Q3 Profit Plunges 60.8%, Margins Contract to 9.9% Despite Revenue Growth
- •Moschip Technologies reported a significant 60.8% decline in net profit for Q3, falling to ₹4.3 crore from ₹11 crore year-on-year.
- •EBITDA also decreased by 12% to ₹14.8 crore compared to ₹16.8 crore in the previous year's December quarter.
- •Despite the profit and EBITDA decline, the company's revenue saw an 18.5% increase, reaching ₹149.3 crore.
- •Operating margins narrowed considerably, contracting to 9.9% from 13.3% in the year-ago period.
- •An exceptional item of ₹5.8 crore was reported, attributed to the impact of the new labour code.
Why It Matters: Moschip Tech's Q3 saw a sharp profit and EBITDA drop due to margin contraction and labor code impact.
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