17 Jul 2019 | 6:53 AM

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COMPANYNEWS
Poona Dal & Oil Q2 net profit zooms 650.00% at Rs 0.60 cr
  Poona Dal & Oil Industries Ltd. | 16 Jul 2019 | 04:01 PM
Published on 11-13-2017
The company reported standalone net profit of Rs 0.60 crore for the quarter ended September 30 2017 as compared to Rs 0.08 crore in the same period last year registering a year-on-year growth of 650.00 per cent.


Net revenue of the company rose substantially by 26.40 per cent at Rs 43.42 crore in July-September quarter of this fiscal as against Rs 34.35 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 25.34 per cent to Rs 42.88 crore from Rs 34.21 crore in year ago period.


Other Income grew by 11.36 per cent at Rs 0.49 crore versus (Sep'16 Rs 0.44 crore).


Operating Profit surged by 285.71 per cent to Rs 0.54 crore as against Rs 0.14 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 195.24 per cent in September quarter.


Interest declined by 95.83 per cent y-o-y to Rs 0.01 crore while Taxation increased by 333.33 per cent at Rs 0.26 crore (Sep'16 Rs 0.06 crore).