11 Aug 2020 | 9:03 AM

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COMPANYNEWS
Black Rose Industrie Q3 net profit down 2.97% at Rs 3.59 cr
  Black Rose Industries Ltd. | 17 Jan 2020 | 10:51 AM
Published on 02-08-2019
The company reported standalone net profit of Rs 3.59 crore for the quarter ended December 31 2018 as compared to Rs 3.70 crore in the same period last year registering a year-on-year decline of 2.97 per cent.


Net revenue of the company rose substantially by 33.75 per cent at Rs 59.64 crore in October-December quarter of this fiscal as against Rs 44.59 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 37.64 per cent to Rs 53.43 crore from Rs 38.82 crore in year ago period.


Other Income grew by 9.09 per cent at Rs 0.12 crore versus (Dec`17 Rs 0.11 crore).


Operating Profit surged by 7.44 per cent to Rs 6.21 crore as against Rs 5.78 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 19.61 per cent in December quarter.


Interest declined by 21.36 per cent y-o-y to Rs 0.81 crore while Taxation increased by 125.81 per cent at Rs 1.40 crore (Dec`17 Rs 0.62 crore).