ALPHA TRIBE

ObjectOne Information Systems LtdUpdates, 30-05-2025: Company Update

30-05-2025 | 08:16 pm

ObjectOne Information Systems Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported revenue of ₹502.11 lakh for the quarter and ₹1802.41 lakh for the year, with net profit after tax of ₹23.93 lakh for the quarter. Expenses included employee benefits at ₹134.47 lakh and other expenses at ₹239.3 lakh for the quarter. The auditor, P. Murali & Co., issued an unmodified opinion confirming fair presentation and adequate internal financial controls. Related party transactions mainly comprised rent and remuneration payments to key management personnel. No loan defaults or deviations in issue proceeds were reported.

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