12 Dec 2019 | 9:43 AM


CHL Q3 net profit up 8.12% at Rs 4.13 cr
  CHL Ltd. | 04 Dec 2019 | 03:41 PM
Published on 02-05-2019
The company reported standalone net profit of Rs 4.13 crore for the quarter ended December 31 2018 as compared to Rs 3.82 crore in the same period last year registering a year-on-year growth of 8.12 per cent.

Net revenue of the company rose marginally by 1.63 per cent at Rs 17.50 crore in October-December quarter of this fiscal as against Rs 17.22 crore in the corresponding period last year.

During October-December quarter operating expenses increased by 0.16 per cent to Rs 12.26 crore from Rs 12.24 crore in year ago period.

Other Income grew by 7.04 per cent at Rs 2.13 crore versus (Dec`17 Rs 1.99 crore).

Operating Profit surged by 5.22 per cent to Rs 5.24 crore as against Rs 4.98 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 3.56 per cent in December quarter.

Interest declined by 28.21 per cent y-o-y to Rs 0.84 crore while Taxation increased by 5.26 per cent at Rs 1.80 crore (Dec`17 Rs 1.71 crore).