06 Dec 2019 | 4:29 AM


Dutron Polymers Q3 net profit down 34.78% at Rs 0.30 cr
  Dutron Polymers Ltd. | 05 Dec 2019 | 04:01 PM
Published on 02-05-2019
The company reported standalone net profit of Rs 0.30 crore for the quarter ended December 31 2018 as compared to Rs 0.46 crore in the same period last year registering a year-on-year decline of 34.78 per cent.

Net revenue of the company rose substantially by 20.99 per cent at Rs 25.88 crore in October-December quarter of this fiscal as against Rs 21.39 crore in the corresponding period last year.

During October-December quarter operating expenses increased by 21.31 per cent to Rs 24.82 crore from Rs 20.46 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.04 crore versus (Dec`17 Rs 0.04 crore).

Operating Profit surged by 13.98 per cent to Rs 1.06 crore as against Rs 0.93 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 5.99 per cent in December quarter.

Interest declined by 5.26 per cent y-o-y to Rs 0.36 crore while Taxation decreased by 51.43 per cent at Rs 0.17 crore (Dec`17 Rs 0.35 crore).