Revenue from operations surged 139.75% to Rs 237.75 crore in Q4 FY23 as compared with Rs 99.16 crore in Q4 FY22.

Profit before tax stood at Rs 34 crore, registering the growth of 197.98% as compared with Rs 11.41 crore in corresponding quarter last year.

Total expense was at Rs 205.12crore (up 133.12% YoY), cost of services stood at Rs 195.29 crore (up 139.18% YoY), employee benefit expenses was at Rs 5.13 crore (up 50.44% YoY) during the period under review.

On full year basis, the company reported net profit of Rs 72.52 crore in FY23, steeply higher from Rs 16.25 crore posted in FY22. Revenue from operations jumped 173.73% year on year to Rs 773.25 crore in FY23

Dreamfolks Services is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform.

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Net profit of Dreamfolks Services rose 181.85% to Rs 25.31 crore in the quarter ended March 2023 as against Rs 8.98 crore during the previous quarter ended March 2022. Sales rose 139.74% to Rs 237.75 crore in the quarter ended March 2023 as against Rs 99.17 crore during the previous quarter ended March 2022.

For the full year,net profit rose 346.34% to Rs 72.53 crore in the year ended March 2023 as against Rs 16.25 crore during the previous year ended March 2022. Sales rose 173.72% to Rs 773.25 crore in the year ended March 2023 as against Rs 282.50 crore during the previous year ended March 2022.

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Net profit of Dreamfolks Services rose 181.65% to Rs 25.32 crore in the quarter ended March 2023 as against Rs 8.99 crore during the previous quarter ended March 2022. Sales rose 139.73% to Rs 237.74 crore in the quarter ended March 2023 as against Rs 99.17 crore during the previous quarter ended March 2022.

For the full year,net profit rose 346.46% to Rs 72.55 crore in the year ended March 2023 as against Rs 16.25 crore during the previous year ended March 2022. Sales rose 173.71% to Rs 773.24 crore in the year ended March 2023 as against Rs 282.50 crore during the previous year ended March 2022.

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Dreamfolks Services will hold a meeting of the Board of Directors of the Company on 23 May 2023.

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