27 Jun 2019 | 7:07 PM

News

COMPANYNEWS
Aditya Ispat Q2 net profit zooms 250.00% at Rs 0.07 cr
  Aditya Ispat Ltd. | 27 Jun 2019 | 04:01 PM
Published on 11-16-2018
The company reported standalone net profit of Rs 0.07 crore for the quarter ended September 30 2018 as compared to Rs 0.02 crore in the same period last year registering a year-on-year growth of 250.00 per cent.


Net revenue of the company rose triple digit by 132.05 per cent at Rs 10.21 crore in July-September quarter of this fiscal as against Rs 4.40 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 144.84 per cent to Rs 9.72 crore from Rs 3.97 crore in year ago period.


Other Income grew by 100.00 per cent at Rs 0.02 crore versus (Sep`17 Rs 0.01 crore).


Operating Profit surged by 13.95 per cent to Rs 0.49 crore as against Rs 0.43 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 50.62 per cent in September quarter.


Interest declined by 3.23 per cent y-o-y to Rs 0.30 crore while Taxation increased by 100.00 per cent at Rs 0.02 crore (Sep`17 Rs 0.01 crore).