16 Jul 2019 | 4:49 PM

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Inditrade Capital Q2 net profit zooms 169.23% at Rs 0.70 cr
  Inditrade Capital Ltd. | 16 Jul 2019 | 04:01 PM
Published on 11-10-2017
The company reported standalone net profit of Rs 0.70 crore for the quarter ended September 30 2017 as compared to Rs 0.26 crore in the same period last year registering a year-on-year growth of 169.23 per cent.


Net revenue of the company rose moderately by 7.30 per cent at Rs 5.88 crore in July-September quarter of this fiscal as against Rs 5.48 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 6.01 per cent to Rs 5.63 crore from Rs 5.99 crore in year ago period.


Other Income dipped by 35.62 per cent at Rs 0.47 crore versus (Sep'16 Rs 0.73 crore).


Operating Profit surged by 543.75 per cent to Rs 0.71 crore as against Rs -0.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 513.01 per cent in September quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.13 crore while Taxation increased by 150.00 per cent at Rs 0.20 crore (Sep'16 Rs 0.08 crore).