11 Aug 2020 | 12:08 PM

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Captain Polyplast L Q1 net profit zooms 361.90% at Rs 1.94 cr
  Captain Polyplast Ltd. | 17 Jan 2020 | 10:41 AM
Published on 08-14-2019
The company reported standalone net profit of Rs 1.94 crore for the quarter ended June 30 2019 as compared to Rs 0.42 crore in the same period last year registering a year-on-year growth of 361.90 per cent.


Net revenue of the company rose substantially by 72.33 per cent at Rs 36.00 crore in April-June quarter of this fiscal as against Rs 20.89 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 63.19 per cent to Rs 31.79 crore from Rs 19.48 crore in year ago period.


Other Income grew by 725.00 per cent at Rs 0.66 crore versus (Jun`18 Rs 0.08 crore).


Operating Profit surged by 147.51 per cent to Rs 5.47 crore as against Rs 2.21 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 43.21 per cent in June quarter.


Interest grew by 79.55 per cent y-o-y to Rs 2.37 crore while Taxation increased by 500.00 per cent at Rs 0.78 crore (Jun`18 Rs 0.13 crore).