18 Feb 2019 | 2:38 AM

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COMPANYNEWS
Ruttonsha Intl. Q3 net profit up 36.36% at Rs 0.60 cr
  Ruttonsha International Rectifier Ltd. | 14 Feb 2019 | 03:41 PM
Published on 02-12-2019
The company reported standalone net profit of Rs 0.60 crore for the quarter ended December 31 2018 as compared to Rs 0.44 crore in the same period last year registering a year-on-year growth of 36.36 per cent.


Net revenue of the company rose substantially by 28.79 per cent at Rs 11.63 crore in October-December quarter of this fiscal as against Rs 9.03 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 30.23 per cent to Rs 10.34 crore from Rs 7.94 crore in year ago period.


Other Income grew by 137.50 per cent at Rs 0.19 crore versus (Dec`17 Rs 0.08 crore).


Operating Profit surged by 20.37 per cent to Rs 1.30 crore as against Rs 1.08 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 7.09 per cent in December quarter.


Interest declined by 6.90 per cent y-o-y to Rs 0.27 crore while Taxation increased by 150.00 per cent at Rs 0.35 crore (Dec`17 Rs 0.14 crore).