16 Jul 2019 | 6:36 PM

News

COMPANYNEWS
VCU Data Management Q3 net profit up 15.38% at Rs 0.30 cr
  VCU Data Management Ltd. | 01 Jul 2019 | 04:01 PM
Published on 02-15-2019
The company reported standalone net profit of Rs 0.30 crore for the quarter ended December 31 2018 as compared to Rs 0.26 crore in the same period last year registering a year-on-year growth of 15.38 per cent.


Net revenue of the company rose substantially by 82.74 per cent at Rs 3.07 crore in October-December quarter of this fiscal as against Rs 1.68 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 60.91 per cent to Rs 3.17 crore from Rs 1.97 crore in year ago period.


Other Income dipped by 29.31 per cent at Rs 0.41 crore versus (Dec`17 Rs 0.58 crore).


Operating Profit slipped by 65.52 per cent to Rs -0.10 crore as against Rs -0.29 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 81.71 per cent in December quarter.