25 Nov 2020 | 2:30 PM

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Aro Granite Indu Q1 net profit jumps 55.84% at Rs 2.40 cr
  Aro Granite Industries Ltd. | 17 Jan 2020 | 10:50 AM
Published on 08-10-2019
The company reported standalone net profit of Rs 2.40 crore for the quarter ended June 30 2019 as compared to Rs 1.54 crore in the same period last year registering a year-on-year growth of 55.84 per cent.


Net revenue of the company rose moderately by 10.35 per cent at Rs 48.28 crore in April-June quarter of this fiscal as against Rs 43.75 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 8.41 per cent to Rs 41.51 crore from Rs 38.29 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.14 crore versus (Jun`18 Rs 0.14 crore).


Operating Profit surged by 23.99 per cent to Rs 6.77 crore as against Rs 5.46 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 12.51 per cent in June quarter.


Interest grew by 15.00 per cent y-o-y to Rs 1.38 crore while Taxation increased by 23.75 per cent at Rs 0.99 crore (Jun`18 Rs 0.80 crore).