20 Jul 2019 | 7:20 AM

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Poona Dal & Oil Q3 net profit down 4.55% at Rs 0.21 cr
  Poona Dal & Oil Industries Ltd. | 19 Jul 2019 | 04:01 PM
Published on 02-02-2019
The company reported standalone net profit of Rs 0.21 crore for the quarter ended December 31 2018 as compared to Rs 0.22 crore in the same period last year registering a year-on-year decline of 4.55 per cent.


Net revenue of the company rose substantially by 86.27 per cent at Rs 56.72 crore in October-December quarter of this fiscal as against Rs 30.45 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 87.14 per cent to Rs 56.46 crore from Rs 30.17 crore in year ago period.


Other Income dipped by 4.76 per cent at Rs 0.20 crore versus (Dec`17 Rs 0.21 crore).


Operating Profit slipped by 7.14 per cent to Rs 0.26 crore as against Rs 0.28 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 47.78 per cent in December quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore while Taxation increased by 30.00 per cent at Rs 0.13 crore (Dec`17 Rs 0.10 crore).