23 Sep 2020 | 2:56 PM

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COMPANYNEWS
CNI Research Q3 net profit zooms 928.57% at Rs 0.72 cr
  CNI Research Ltd. | 16 Jan 2020 | 03:41 PM
Published on 01-31-2018
The company reported standalone net profit of Rs 0.72 crore for the quarter ended December 31 2017 as compared to Rs 0.07 crore in the same period last year registering a year-on-year growth of 928.57 per cent.


Net revenue of the company rose two fold by 240.00 per cent at Rs 1.36 crore in October-December quarter of this fiscal as against Rs 0.40 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 80.56 per cent to Rs 0.65 crore from Rs 0.36 crore in year ago period.


Other Income dipped by 66.67 per cent at Rs 0.01 crore versus (Dec'16 Rs 0.03 crore).


Operating Profit surged by 1675.00 per cent to Rs 0.71 crore as against Rs 0.04 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 450.90 per cent in December quarter.