Cerebra Integrated Technologies Ltd.(NSE: CEREBRAINT) : Q3 FY23 Results Out; Total Income fell 81% YoY

Cerebra Integrated Technologies Limited (NSE:CEREBRAINT) is an Indian company that provides electronic waste management services, IT asset disposition, and refurbishment solutions. The company also offers products such as computers, laptops, servers, and networking equipment. Cerebra is committed to environmental sustainability and is focused on providing solutions that reduce the negative impact of electronic waste on the environment. The company has a presence in India and the United States, and its clients include government agencies, educational institutions, and corporations.

The company’s revenue from operations for Q3FY23 was 13.04 crore, while its total income was 13.07 crore. The company’s total expenses for the quarter were 12.59 crore, resulting in a net profit of 38 lakhs . The earnings per share (EPS) for the quarter was Rs. 0.03. The company’s revenue from operations decreased from the previous quarter, which was 29.43 crore in Q2FY23. The total income for Q3FY23 also decreased from the previous quarter, which was 29.46 crore in Q2FY23. The decrease in revenue and total income could be attributed to various factors such as a decrease in sales, lower prices of products, or increased competition in the market.