09 Aug 2020 | 2:22 AM

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Captain Polyplast L Q4 net profit zooms 123.57% at Rs 3.13 cr
  Captain Polyplast Ltd. | 17 Jan 2020 | 10:41 AM
Published on 06-01-2019
The company reported standalone net profit of Rs 3.13 crore for the quarter ended March 31 2019 as compared to Rs 1.40 crore in the same period last year registering a year-on-year growth of 123.57 per cent.


Net revenue of the company rose substantially by 76.84 per cent at Rs 53.46 crore in January-March quarter of this fiscal as against Rs 30.23 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 73.53 per cent to Rs 47.72 crore from Rs 27.50 crore in year ago period.


Other Income grew by 35.19 per cent at Rs 0.73 crore versus (Mar`18 Rs 0.54 crore).


Operating Profit surged by 100.60 per cent to Rs 6.70 crore as against Rs 3.34 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 13.59 per cent in March quarter.


Interest grew by 62.00 per cent y-o-y to Rs 2.43 crore while Taxation increased by 177.55 per cent at Rs 1.36 crore (Mar`18 Rs 0.49 crore).