Lime Chemicals Q3 net profit down 95.63% at Rs 0.09 cr
15/02/2019 14:54
The company reported standalone net profit of Rs 0.09 crore for the quarter ended December 31, 2018 as compared to Rs 2.06 crore in the same period last year, registering a year-on-year decline of 95.63 per cent.

Net revenue of the company declined substantially by 28.83 per cent at Rs 9.43 crore in October-December quarter of this fiscal as against Rs 13.25 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 13.99 per cent to Rs 9.41 crore from Rs 10.94 crore in year ago period.

Other Income grew by 2350.00 per cent at Rs 0.49 crore versus (Dec'17 Rs 0.02 crore).

Operating Profit slipped by 99.13 per cent to Rs 0.02 crore as against Rs 2.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.91 per cent in December quarter.

Interest grew by 400.00 per cent y-o-y to Rs 0.15 crore