24 Jun 2019 | 10:07 PM

News

COMPANYNEWS
RDB Rasayans Q3 net profit down 7.41% at Rs 1.75 cr
  RDB Rasayans Ltd. | 24 Jun 2019 | 04:01 PM
Published on 02-15-2018
The company reported standalone net profit of Rs 1.75 crore for the quarter ended December 31 2017 as compared to Rs 1.89 crore in the same period last year registering a year-on-year decline of 7.41 per cent.


Net revenue of the company rose moderately by 13.51 per cent at Rs 19.66 crore in October-December quarter of this fiscal as against Rs 17.32 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 10.15 per cent to Rs 17.26 crore from Rs 15.67 crore in year ago period.


Other Income dipped by 38.01 per cent at Rs 1.06 crore versus (Dec'16 Rs 1.71 crore).


Operating Profit surged by 45.45 per cent to Rs 2.40 crore as against Rs 1.65 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 27.91 per cent in December quarter.


Interest grew by 53.57 per cent y-o-y to Rs 0.43 crore while Taxation increased by 4.12 per cent at Rs 1.01 crore (Dec'16 Rs 0.97 crore).