Kkalpana lndustries Q1 net profit down 12.57% at Rs 6.05 cr
15/08/2019 16:50
The company reported standalone net profit of Rs 6.05 crore for the quarter ended June 30, 2019 as compared to Rs 6.92 crore in the same period last year, registering a year-on-year decline of 12.57 per cent.

Net revenue of the company rose by 0.38 per cent at Rs 494.82 crore in April-June quarter of this fiscal as against Rs 492.93 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 1.26 per cent to Rs 473.92 crore from Rs 468.01 crore in year ago period.

Other Income dipped by 2.59 per cent at Rs 4.13 crore versus (Jun'18 Rs 4.24 crore).

Operating Profit slipped by 16.17 per cent to Rs 20.89 crore as against Rs 24.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.60 per cent in June quarter.

Interest declined by 12.15 per cent y-o-y to Rs 12.65 crore, while Taxation decreased by 12.60 per cent at Rs 3.26 crore (Jun'18 Rs 3.73 crore).