23 Jul 2019 | 3:30 PM


Inditrade Capital Q3 net profit zooms 520.00% at Rs 4.03 cr
  Inditrade Capital Ltd. | 23 Jul 2019 | 02:46 PM
Published on 02-04-2019
The company reported standalone net profit of Rs 4.03 crore for the quarter ended December 31 2018 as compared to Rs 0.65 crore in the same period last year registering a year-on-year growth of 520.00 per cent.

Net revenue of the company declined substantially by 31.13 per cent at Rs 4.27 crore in October-December quarter of this fiscal as against Rs 6.20 crore in the corresponding period last year.

During October-December quarter operating expenses increased by 0.00 per cent to Rs 5.99 crore from Rs 5.99 crore in year ago period.

Other Income grew by 191.18 per cent at Rs 0.99 crore versus (Dec`17 Rs 0.34 crore).

Operating Profit slipped by 272.50 per cent to Rs -1.38 crore as against Rs 0.80 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 350.77 per cent in December quarter.

Interest grew by 1200.00 per cent y-o-y to Rs 0.13 crore while Taxation increased by 624.24 per cent at Rs 2.39 crore (Dec`17 Rs 0.33 crore).