12 Dec 2019 | 2:54 PM

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COMPANYNEWS
Century Extru. Q1 net profit down 68.00% at Rs 0.48 cr
  Century Extrusions Ltd. | 12 Dec 2019 | 02:31 PM
Published on 08-13-2019
The company reported standalone net profit of Rs 0.48 crore for the quarter ended June 30 2019 as compared to Rs 1.50 crore in the same period last year registering a year-on-year decline of 68.00 per cent.


Net revenue of the company declined marginally by 1.79 per cent at Rs 58.83 crore in April-June quarter of this fiscal as against Rs 59.90 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 1.44 per cent to Rs 55.31 crore from Rs 56.12 crore in year ago period.


Other Income dipped by 27.27 per cent at Rs 0.32 crore versus (Jun`18 Rs 0.44 crore).


Operating Profit slipped by 6.88 per cent to Rs 3.52 crore as against Rs 3.78 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 5.23 per cent in June quarter.


Interest grew by 12.58 per cent y-o-y to Rs 1.79 crore while Taxation increased by 50.00 per cent at Rs 0.21 crore (Jun`18 Rs 0.14 crore).