Aarey Drugs & Ph Q3 net profit down 13.89% at Rs 1.55 cr
15/02/2019 09:00
The company reported standalone net profit of Rs 1.55 crore for the quarter ended December 31, 2018 as compared to Rs 1.80 crore in the same period last year, registering a year-on-year decline of 13.89 per cent.

Net revenue of the company declined moderately by 12.42 per cent at Rs 78.44 crore in October-December quarter of this fiscal as against Rs 89.56 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 12.44 per cent to Rs 76.45 crore from Rs 87.31 crore in year ago period.

Other Income grew by 114.71 per cent at Rs 0.73 crore versus (Dec'17 Rs 0.34 crore).

Operating Profit slipped by 11.56 per cent to Rs 1.99 crore as against Rs 2.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.20 per cent in December quarter.

Interest grew by 55.56 per cent y-o-y to Rs 0.98 crore