25 Jun 2019 | 10:27 PM

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COMPANYNEWS
Denis Chem Lab L Q4 net profit down 5.03% at Rs 1.70 cr
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Published on 05-25-2019
The company reported standalone net profit of Rs 1.70 crore for the quarter ended March 31 2019 as compared to Rs 1.79 crore in the same period last year registering a year-on-year decline of 5.03 per cent.


Net revenue of the company rose marginally by 2.53 per cent at Rs 27.53 crore in January-March quarter of this fiscal as against Rs 26.85 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 4.75 per cent to Rs 24.26 crore from Rs 23.16 crore in year ago period.


Other Income dipped by 57.58 per cent at Rs 0.14 crore versus (Mar`18 Rs 0.33 crore).


Operating Profit slipped by 11.38 per cent to Rs 3.27 crore as against Rs 3.69 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 13.61 per cent in March quarter.


Interest grew by 6.19 per cent y-o-y to Rs 1.03 crore while Taxation increased by 1170.00 per cent at Rs -1.27 crore (Mar`18 Rs -0.10 crore).