06 Dec 2019 | 7:30 PM


Dutron Polymers Q2 net profit up 21.05% at Rs 0.69 cr
  Dutron Polymers Ltd. | 05 Dec 2019 | 04:01 PM
Published on 10-25-2019
The company reported standalone net profit of Rs 0.69 crore for the quarter ended September 30 2019 as compared to Rs 0.57 crore in the same period last year registering a year-on-year growth of 21.05 per cent.

Net revenue of the company rose moderately by 9.34 per cent at Rs 19.43 crore in July-September quarter of this fiscal as against Rs 17.77 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 8.77 per cent to Rs 17.86 crore from Rs 16.42 crore in year ago period.

Other Income grew by 20.00 per cent at Rs 0.06 crore versus (Sep`18 Rs 0.05 crore).

Operating Profit surged by 16.30 per cent to Rs 1.57 crore as against Rs 1.35 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 6.18 per cent in September quarter.

Interest grew by 12.90 per cent y-o-y to Rs 0.35 crore while Taxation increased by 7.14 per cent at Rs 0.30 crore (Sep`18 Rs 0.28 crore).