Corrit Electric: Financial Breakdown
Decoding financial health metrics of Corrit Electric
Total Revenue₹1.4 Cr+-35%Prev. FY
Total Expenses₹2.0 Cr+-39%Prev. FY
Profit After Tax₹-42.0 Lakh46%Prev. FY
Total Assets₹7.2 Cr+215%Prev. FY
Net Profit Margin-28.8%18%Prev. FY
FAQs on Financials of Corrit Electric
No. In FY24, Corrit Electric reported a net loss of ₹42.0 Lakh, so it was not profitable.
Corrit Electric's revenue declined 34.4% year-on-year, from ₹2.2 Cr+ in FY23 to ₹1.4 Cr+ in FY24.
Corrit Electric's estimated EBITDA for FY24 was ₹-39.0 Lakh, derived from its profit before tax, finance costs, and depreciation & amortisation.
In FY24, Corrit Electric posted revenue of ₹1.4 Cr+ (down 34.4% YoY) and a net loss of ₹42.0 Lakh. Explore the full financials of Corrit Electric here...
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