08 Dec 2019 | 6:34 AM

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Century Extru. Q2 net profit down 63.44% at Rs 0.68 cr
  Century Extrusions Ltd. | 06 Dec 2019 | 03:41 PM
Published on 11-13-2019
The company reported standalone net profit of Rs 0.68 crore for the quarter ended September 30 2019 as compared to Rs 1.86 crore in the same period last year registering a year-on-year decline of 63.44 per cent.


Net revenue of the company declined substantially by 23.15 per cent at Rs 51.71 crore in July-September quarter of this fiscal as against Rs 67.29 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 23.32 per cent to Rs 48.11 crore from Rs 62.74 crore in year ago period.


Other Income dipped by 33.33 per cent at Rs 0.34 crore versus (Sep`18 Rs 0.51 crore).


Operating Profit slipped by 20.88 per cent to Rs 3.60 crore as against Rs 4.55 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 2.96 per cent in September quarter.


Interest declined by 17.51 per cent y-o-y to Rs 1.46 crore while Taxation increased by 117.86 per cent at Rs 0.61 crore (Sep`18 Rs 0.28 crore).