20 Jul 2019 | 7:56 PM

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Aditya Spinners posts Q3 net profit of Rs 0.48 cr
  Aditya Spinners Ltd. | 19 Jul 2019 | 04:01 PM
Published on 02-12-2019
The company reported standalone net profit during the quarter stood at Rs 0.48 crore compared to net loss of Rs 0.44 crore in the previous year quarter.


Net revenue of the company rose moderately by 9.25 per cent at Rs 15.71 crore in October-December quarter of this fiscal as against Rs 14.38 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 6.06 per cent to Rs 14.36 crore from Rs 13.54 crore in year ago period.


Operating Profit surged by 60.71 per cent to Rs 1.35 crore as against Rs 0.84 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 47.50 per cent in December quarter.


Interest declined by 45.45 per cent y-o-y to Rs 0.42 crore