20 Jul 2019 | 7:24 AM

News

COMPANYNEWS
Century Extru. Q3 net profit zooms 234.48% at Rs 0.97 cr
  Century Extrusions Ltd. | 19 Jul 2019 | 04:01 PM
Published on 02-13-2018
The company reported standalone net profit of Rs 0.97 crore for the quarter ended December 31 2017 as compared to Rs 0.29 crore in the same period last year registering a year-on-year growth of 234.48 per cent.


Net revenue of the company rose substantially by 36.40 per cent at Rs 60.26 crore in October-December quarter of this fiscal as against Rs 44.18 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 39.15 per cent to Rs 58.04 crore from Rs 41.71 crore in year ago period.


Other Income grew by 150.00 per cent at Rs 1.05 crore versus (Dec'16 Rs 0.42 crore).


Operating Profit slipped by 10.12 per cent to Rs 2.22 crore as against Rs 2.47 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 33.99 per cent in December quarter.


Interest declined by 12.28 per cent y-o-y to Rs 1.50 crore