24 Jul 2019 | 4:25 AM

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Inditrade Capital Q3 net profit zooms 712.50% at Rs 0.65 cr
  Inditrade Capital Ltd. | 23 Jul 2019 | 04:01 PM
Published on 02-08-2018
The company reported standalone net profit of Rs 0.65 crore for the quarter ended December 31 2017 as compared to Rs 0.08 crore in the same period last year registering a year-on-year growth of 712.50 per cent.


Net revenue of the company rose moderately by 17.42 per cent at Rs 6.20 crore in October-December quarter of this fiscal as against Rs 5.28 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 2.76 per cent to Rs 5.99 crore from Rs 6.16 crore in year ago period.


Other Income dipped by 53.42 per cent at Rs 0.34 crore versus (Dec'16 Rs 0.73 crore).


Operating Profit surged by 253.85 per cent to Rs 0.80 crore as against Rs -0.52 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 230.24 per cent in December quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore while Taxation increased by 3400.00 per cent at Rs 0.33 crore (Dec'16 Rs -0.01 crore).