18 Feb 2019 | 2:32 AM


H S India L Q3 net profit up 34.21% at Rs 0.51 cr
  H S India Ltd. | 14 Feb 2019 | 03:41 PM
Published on 02-12-2019
The company reported standalone net profit of Rs 0.51 crore for the quarter ended December 31 2018 as compared to Rs 0.38 crore in the same period last year registering a year-on-year growth of 34.21 per cent.

Net revenue of the company rose by 0.30 per cent at Rs 6.66 crore in October-December quarter of this fiscal as against Rs 6.64 crore in the corresponding period last year.

During October-December quarter operating expenses dropped by 0.58 per cent to Rs 5.18 crore from Rs 5.21 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.13 crore versus (Dec`17 Rs 0.13 crore).

Operating Profit surged by 3.47 per cent to Rs 1.49 crore as against Rs 1.44 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 3.19 per cent in December quarter.

Interest declined by 18.03 per cent y-o-y to Rs 0.50 crore while Taxation increased by 260.00 per cent at Rs 0.18 crore (Dec`17 Rs 0.05 crore).