20 Jul 2019 | 1:01 AM

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COMPANYNEWS
Poona Dal & Oil Q3 net profit down 31.25% at Rs 0.22 cr
  Poona Dal & Oil Industries Ltd. | 19 Jul 2019 | 04:01 PM
Published on 02-08-2018
The company reported standalone net profit of Rs 0.22 crore for the quarter ended December 31 2017 as compared to Rs 0.32 crore in the same period last year registering a year-on-year decline of 31.25 per cent.


Net revenue of the company declined by 0.98 per cent at Rs 30.45 crore in October-December quarter of this fiscal as against Rs 30.75 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 0.66 per cent to Rs 30.17 crore from Rs 30.37 crore in year ago period.


Other Income dipped by 51.16 per cent at Rs 0.21 crore versus (Dec'16 Rs 0.43 crore).


Operating Profit slipped by 26.32 per cent to Rs 0.28 crore as against Rs 0.38 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 26.23 per cent in December quarter.


Interest declined by 92.86 per cent y-o-y to Rs 0.01 crore while Taxation decreased by 33.33 per cent at Rs 0.10 crore (Dec'16 Rs 0.15 crore).