Daikaffil Chemic Q1 net profit zooms 114.29% at Rs 0.30 cr
14/08/2019 16:40
The company reported standalone net profit of Rs 0.30 crore for the quarter ended June 30, 2019 as compared to Rs 0.14 crore in the same period last year, registering a year-on-year growth of 114.29 per cent.

Net revenue of the company rose substantially by 47.39 per cent at Rs 4.51 crore in April-June quarter of this fiscal as against Rs 3.06 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 44.07 per cent to Rs 3.89 crore from Rs 2.70 crore in year ago period.

Other Income grew by 70.00 per cent at Rs 0.17 crore versus (Jun'18 Rs 0.10 crore).

Operating Profit surged by 72.22 per cent to Rs 0.62 crore as against Rs 0.36 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.54 per cent in June quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 280.00 per cent at Rs 0.19 crore (Jun'18 Rs 0.05 crore).