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07-Feb-2024

Dreamfolks Services

Strong revenue growth


'Dreamfolks Services consolidated net sales increased 49.54% to Rs 305.06 crore in Q3FY24 compared to Q3FY23. Operating profit margin has declined from 12.77% to 8.97%, leading to 5.03% rise in operating profit to Rs 27.37 crore.  Employee cost increased from 1.90% to 2.40%.   Other expenses rose from 85.33% to 88.64%.   Other direct service cost rose from 83.65% to 87.46%.  

Other income rose 4.62% to Rs 0.68 crore.  PBIDT rose 5.02% to Rs 28.05 crore.  Provision for interest rose 3.57% to Rs 0.29 crore. 

PBDT rose 5.03% to Rs 27.76 crore.  Provision for depreciation rose 10.23% to Rs 0.97 crore. 

Profit before tax grew 4.85% to Rs 26.79 crore.  Share of profit/loss were nil in both...



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