21 Oct 2020 | 4:42 PM

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COMPANYNEWS
Cosmo Films Q2 net profit zooms 146.49% at Rs 25.29 cr
  Cosmo Films Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-14-2019
The company reported standalone net profit of Rs 25.29 crore for the quarter ended September 30 2019 as compared to Rs 10.26 crore in the same period last year registering a year-on-year growth of 146.49 per cent.


Net revenue of the company declined by 0.51 per cent at Rs 513.96 crore in July-September quarter of this fiscal as against Rs 516.59 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 3.85 per cent to Rs 459.30 crore from Rs 477.68 crore in year ago period.


Other Income grew by 161.49 per cent at Rs 4.55 crore versus (Sep`18 Rs 1.74 crore).


Operating Profit surged by 40.48 per cent to Rs 54.66 crore as against Rs 38.91 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 41.30 per cent in September quarter.


Interest declined by 14.16 per cent y-o-y to Rs 12.67 crore while Taxation increased by 167.46 per cent at Rs 9.04 crore (Sep`18 Rs 3.38 crore).