28 May 2020 | 7:08 AM

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COMPANYNEWS
Dhanuka Agritech Ltd Q1 net profit down 8.59% at Rs 14.79 cr
  Dhanuka Agritech Ltd. | 17 Jan 2020 | 10:51 AM
Published on 07-19-2019
The company reported standalone net profit of Rs 14.79 crore for the quarter ended June 30 2019 as compared to Rs 16.18 crore in the same period last year registering a year-on-year decline of 8.59 per cent.


Net revenue of the company rose marginally by 2.82 per cent at Rs 218.98 crore in April-June quarter of this fiscal as against Rs 212.97 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 0.96 per cent to Rs 199.01 crore from Rs 197.11 crore in year ago period.


Other Income dipped by 56.06 per cent at Rs 3.77 crore versus (Jun`18 Rs 8.58 crore).


Operating Profit surged by 25.91 per cent to Rs 19.97 crore as against Rs 15.86 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 22.42 per cent in June quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.21 crore while Taxation increased by 22.47 per cent at Rs 6.05 crore (Jun`18 Rs 4.94 crore).