20 Jul 2019 | 8:00 PM

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COMPANYNEWS
Vantage Corp.Ser Q3 net profit zooms 120.00% at Rs 0.11 cr
  Anupam Finserv Ltd. | 18 Jul 2019 | 04:01 PM
Published on 01-16-2018
The company reported standalone net profit of Rs 0.11 crore for the quarter ended December 31 2017 as compared to Rs 0.05 crore in the same period last year registering a year-on-year growth of 120.00 per cent.


Net revenue of the company rose three fold by 1060.00 per cent at Rs 1.16 crore in October-December quarter of this fiscal as against Rs 0.10 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 2666.67 per cent to Rs 0.83 crore from Rs 0.03 crore in year ago period.


Operating Profit surged by 357.14 per cent to Rs 0.32 crore as against Rs 0.07 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 61.00 per cent in December quarter.


Interest grew by 1600.00 per cent y-o-y to Rs 0.17 crore while Taxation increased by 150.00 per cent at Rs 0.05 crore (Dec'16 Rs 0.02 crore).