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B&A Packaging India Q1 net profit up 7.22% at Rs 2.08 cr
  B&A Packaging India Ltd. | 15 Nov 2019 | 04:01 PM
Published on 08-09-2019
The company reported standalone net profit of Rs 2.08 crore for the quarter ended June 30 2019 as compared to Rs 1.94 crore in the same period last year registering a year-on-year growth of 7.22 per cent.


Net revenue of the company rose moderately by 9.99 per cent at Rs 20.14 crore in April-June quarter of this fiscal as against Rs 18.31 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 11.17 per cent to Rs 16.52 crore from Rs 14.86 crore in year ago period.


Other Income dipped by 42.86 per cent at Rs 0.04 crore versus (Jun`18 Rs 0.07 crore).


Operating Profit surged by 5.23 per cent to Rs 3.62 crore as against Rs 3.44 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 4.52 per cent in June quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.44 crore while Taxation increased by 1.27 per cent at Rs 0.80 crore (Jun`18 Rs 0.79 crore).