Mitcon Consultancy Q2 FY25: Revenue drops 22% YoY to Rs 27.84 crore, profit up 91% at Rs 1.53 crore

MITCON Consultancy & Engineering Services Limited reported mixed quarterly results, with revenue declining 22% year-on-year to ₹27.84 crore in Q2 FY25 compared to ₹35.76 crore in the corresponding quarter last year. However, net profit surged 91% YoY to ₹1.53 crore from ₹0.80 crore.

Quarter-on-quarter, the company saw a 14% increase in revenue from ₹24.44 crore in Q1 FY25, while profit declined 48% from ₹2.92 crore in the previous quarter.