Lytus Technologies Holdings

0.0843

-0.0276-24.66%

Post-market: 0.0810-0.0033-3.91%19:59 EDT

Volume:190.78M

Turnover:25.46M

Market Cap:2.62M

PE:0.13

High:0.1358

Open:0.1355

Low:0.0813

Close:0.1119

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News

Lytus Technologies Expands HealthTech Initiatives and Strengthens Growth Trajectory

GlobeNewswire

07 Feb

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Ltd. , a leader in platform services and next-generation technology, today announced its consolidated financial results for the six months ended September 30, 2024, highlighting significant revenue growth and improved profitability.Revenue Growth: Reported $12.01 million for the six months period ended September 30, 2024, representing a 24% increase compared to $9.66 million in the six months period ended September 30, 2023.Profit After Tax: Posted a net profit of $648,972, with a profit margin of 5.40% due to efficient cost management. It represents a 151% increase compared to a net loss of $1,281,940 in the six months period ended September 30, 2023.Lytus Technologies is a NASDAQ-listed platform services entity that builds and invests in businesses driving next-generation technology solutions. 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Company positioned to build on revenue growth momentum. Secures strategic financing to fuel next-generation technology expansion. Mumbai, India, Feb. 06, 2025  -- Lytus Technologies Holdings, Ltd. , a leader in platform services and next-generation technology, is strengthening its position in the high-growth HealthTech sector through Lytus Healthcare, its fully owned subsidiary that is dedicated to revolutionizing patient care and healthcare accessibility in India.With India’s healthcare sector projected to grow at a 22% CAGR, Lytus Healthcare aims to bridge critical gaps in service delivery by integrating AI-driven patient management solutions with personalized, technology-enabled care pathways. 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