B C Power Controls L Q1 net profit down 32.56% at Rs 0.87 cr
17/07/2019 07:51
The company reported standalone net profit of Rs 0.87 crore for the quarter ended June 30, 2019 as compared to Rs 1.29 crore in the same period last year, registering a year-on-year decline of 32.56 per cent.

Net revenue of the company declined substantially by 45.37 per cent at Rs 82.91 crore in April-June quarter of this fiscal as against Rs 151.78 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 46.01 per cent to Rs 80.54 crore from Rs 149.17 crore in year ago period.

Other Income dipped by 50.00 per cent at Rs 0.13 crore versus (Jun'18 Rs 0.26 crore).

Operating Profit slipped by 9.20 per cent to Rs 2.37 crore as against Rs 2.61 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 66.28 per cent in June quarter.

Interest grew by 35.00 per cent y-o-y to Rs 1.08 crore, while Taxation decreased by 31.25 per cent at Rs 0.44 crore (Jun'18 Rs 0.64 crore).