New Delhi, Feb 10 (PTI) EKI Energy Services on Monday reported a net profit of Rs 1.53 crore in the December 2024 quarter, on account of higher income.

It had posted a loss of Rs 23.33 crore during the October-December period of the preceding 2023-24, the company said in a statement.

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Income increased 58 per cent to Rs 71.35 crore against Rs 45.18 crore a year ago.

Expenses remained almost flat at Rs 68.34 crore.

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EKI Energy Services is a leading carbon credit developer and supplier across the globe.

Carbon credits are earned by the reduction of greenhouse gas emissions in the atmosphere through climate-friendly projects and can be used by governments, industries, or private individuals to compensate for generating emissions elsewhere.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)