Atishay L Q1 net profit jumps 41.38% at Rs 0.41 cr
22/07/2019 16:20
The company reported standalone net profit of Rs 0.41 crore for the quarter ended June 30, 2019 as compared to Rs 0.29 crore in the same period last year, registering a year-on-year growth of 41.38 per cent.

Net revenue of the company declined moderately by 12.03 per cent at Rs 5.12 crore in April-June quarter of this fiscal as against Rs 5.82 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 9.50 per cent to Rs 4.57 crore from Rs 5.05 crore in year ago period.

Other Income grew by 1066.67 per cent at Rs 0.35 crore versus (Jun'18 Rs 0.03 crore).

Operating Profit slipped by 28.57 per cent to Rs 0.55 crore as against Rs 0.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.61 per cent in June quarter.

Interest declined by 22.22 per cent y-o-y to Rs 0.07 crore, while Taxation increased by 22.22 per cent at Rs 0.11 crore (Jun'18 Rs 0.09 crore).