16 Jul 2019 | 4:42 PM

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Century Extrusions Q2 net profit zooms 272.73% at Rs 0.82 cr
  Century Extrusions Ltd. | 16 Jul 2019 | 04:01 PM
Published on 12-13-2017
The company reported standalone net profit of Rs 0.82 crore for the quarter ended September 30 2017 as compared to Rs 0.22 crore in the same period last year registering a year-on-year growth of 272.73 per cent.


Net revenue of the company rose substantially by 26.08 per cent at Rs 52.40 crore in July-September quarter of this fiscal as against Rs 41.56 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 27.00 per cent to Rs 49.72 crore from Rs 39.15 crore in year ago period.


Other Income grew by 79.49 per cent at Rs 0.70 crore versus (Sep'16 Rs 0.39 crore).


Operating Profit surged by 11.20 per cent to Rs 2.68 crore as against Rs 2.41 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 11.90 per cent in September quarter.


Interest declined by 10.98 per cent y-o-y to Rs 1.54 crore while Taxation increased by 950.00 per cent at Rs 0.17 crore (Sep'16 Rs -0.02 crore).