20 Jun 2019 | 1:23 AM

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COMPANYNEWS
Aditya Ispat Q3 net profit up 25.00% at Rs 0.05 cr
  Aditya Ispat Ltd. | 19 Jun 2019 | 03:35 PM
Published on 02-15-2019
The company reported standalone net profit of Rs 0.05 crore for the quarter ended December 31 2018 as compared to Rs 0.04 crore in the same period last year registering a year-on-year growth of 25.00 per cent.


Net revenue of the company rose substantially by 48.47 per cent at Rs 7.78 crore in October-December quarter of this fiscal as against Rs 5.24 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 52.72 per cent to Rs 7.30 crore from Rs 4.78 crore in year ago period.


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


Operating Profit surged by 6.67 per cent to Rs 0.48 crore as against Rs 0.45 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 29.38 per cent in December quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.31 crore while Taxation increased by 0.00 per cent at Rs 0.02 crore (Dec`17 Rs 0.02 crore).