New Delhi, Feb. 15 -- Sangam India declared their Q3 results on 12 Feb, 2025, showcasing a topline increase of 21.4% year-over-year (YoY). However, the company's profit faced a significant decline of 35.7% YoY, amounting to Rs.2.45 crore. The revenue for the quarter stood at Rs.753.99 crore, indicating a positive growth trajectory.

In comparison to the previous quarter, Sangam India experienced an 11.6% increase in revenue, while profit saw a stark decrease of 55.86%. This dip in profit raises concerns among investors regarding the company's operational efficiency.

Despite the profit decline, the Selling, General & Administrative (SG&A) expenses have shown some relief, declining by 12.77% quarter-over-quarter (q-o-q) and decreasing by 2...