Aarnav Fashions Q2 net profit zooms 1500.00% at Rs 0.64 cr
17/10/2019 16:08
The company reported standalone net profit of Rs 0.64 crore for the quarter ended September 30, 2019 as compared to Rs 0.04 crore in the same period last year, registering a year-on-year growth of 1500.00 per cent.

Net revenue of the company rose three fold by 13542.86 per cent at Rs 9.55 crore in July-September quarter of this fiscal as against Rs 0.07 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 43300.00 per cent to Rs 8.68 crore from Rs 0.02 crore in year ago period.

Operating Profit surged by 1350.00 per cent to Rs 0.87 crore as against Rs 0.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 88.31 per cent in September quarter.

Taxation increased by 1050.00 per cent at Rs 0.23 crore (Sep'18 Rs 0.02 crore).