05 Aug 2020 | 3:45 PM

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Captain Polyplast L Q2 net profit zooms 197.00% at Rs 2.97 cr
  Captain Polyplast Ltd. | 17 Jan 2020 | 10:41 AM
Published on 11-14-2019
The company reported standalone net profit of Rs 2.97 crore for the quarter ended September 30 2019 as compared to Rs 1.00 crore in the same period last year registering a year-on-year growth of 197.00 per cent.


Net revenue of the company rose substantially by 31.66 per cent at Rs 39.76 crore in July-September quarter of this fiscal as against Rs 30.20 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 23.58 per cent to Rs 34.33 crore from Rs 27.78 crore in year ago period.


Other Income grew by 792.86 per cent at Rs 1.25 crore versus (Sep`18 Rs 0.14 crore).


Operating Profit surged by 96.67 per cent to Rs 6.49 crore as against Rs 3.30 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 49.45 per cent in September quarter.


Interest grew by 55.92 per cent y-o-y to Rs 2.37 crore while Taxation increased by 181.25 per cent at Rs 1.35 crore (Sep`18 Rs 0.48 crore).