28 May 2020 | 7:22 AM

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Dhanuka Agritech Ltd Q2 net profit up 9.01% at Rs 60.00 cr
  Dhanuka Agritech Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-08-2019
The company reported standalone net profit of Rs 60.00 crore for the quarter ended September 30 2019 as compared to Rs 55.04 crore in the same period last year registering a year-on-year growth of 9.01 per cent.


Net revenue of the company rose marginally by 4.87 per cent at Rs 402.03 crore in July-September quarter of this fiscal as against Rs 383.36 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 6.79 per cent to Rs 328.65 crore from Rs 307.74 crore in year ago period.


Other Income grew by 101.26 per cent at Rs 4.81 crore versus (Sep`18 Rs 2.39 crore).


Operating Profit slipped by 2.96 per cent to Rs 73.38 crore as against Rs 75.62 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 7.50 per cent in September quarter.


Interest grew by 180.95 per cent y-o-y to Rs 0.59 crore while Taxation decreased by 39.34 per cent at Rs 11.86 crore (Sep`18 Rs 19.55 crore).