05 Aug 2020 | 1:55 AM

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Black Rose Industrie Q1 net profit zooms 121.84% at Rs 4.57 cr
  Black Rose Industries Ltd. | 17 Jan 2020 | 10:51 AM
Published on 08-14-2019
The company reported standalone net profit of Rs 4.57 crore for the quarter ended June 30 2019 as compared to Rs 2.06 crore in the same period last year registering a year-on-year growth of 121.84 per cent.


Net revenue of the company rose substantially by 26.23 per cent at Rs 55.11 crore in April-June quarter of this fiscal as against Rs 43.66 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 16.17 per cent to Rs 46.13 crore from Rs 39.71 crore in year ago period.


Other Income dipped by 25.00 per cent at Rs 0.12 crore versus (Jun`18 Rs 0.16 crore).


Operating Profit surged by 126.77 per cent to Rs 8.98 crore as against Rs 3.96 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 79.91 per cent in June quarter.


Interest declined by 15.19 per cent y-o-y to Rs 0.67 crore while Taxation increased by 180.00 per cent at Rs 2.10 crore (Jun`18 Rs 0.75 crore).