MUMBAI – Fine-Line Circuits Limited reported a 19.5% year-over-year decline in third quarter revenue while posting a 14.8% increase in net profit.
Revenue for the quarter ended December 31 totaled ₹786.6 lakhs (approximately $0.9 million), down from ₹977.0 lakhs in the third quarter. Net profit after tax rose to ₹11.9 lakhs (approximately $0.01 million), compared to ₹10.4 lakhs in the prior-year quarter.
For the nine-month period, revenue reached ₹2,477.2 lakhs (approximately $3.0 million), with net profit of ₹25.1 lakhs (approximately $0.03 million).
The company confirmed that its unaudited third quarter financial results were published February 15.