16 Jul 2019 | 8:25 AM

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Arcuttipore Tea Q2 net profit jumps 65.22% at Rs 0.38 cr
  Arcuttipore Tea Company Ltd. | 20 May 2019 | 11:22 AM
Published on 12-06-2017
The company reported standalone net profit of Rs 0.38 crore for the quarter ended September 30 2017 as compared to Rs 0.23 crore in the same period last year registering a year-on-year growth of 65.22 per cent.


Net revenue of the company rose substantially by 46.52 per cent at Rs 2.74 crore in July-September quarter of this fiscal as against Rs 1.87 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 46.10 per cent to Rs 2.25 crore from Rs 1.54 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.04 crore versus (Sep'16 Rs 0.00 crore).


Operating Profit surged by 31.58 per cent to Rs 0.50 crore as against Rs 0.38 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 12.16 per cent in September quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.11 crore