25 Sep 2020 | 2:53 AM

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Euro Leder Fash Q2 net profit down 4.55% at Rs 0.21 cr
  Euro Leder Fashions Ltd. | 03 Sep 2018 | 03:41 PM
Published on 11-04-2019
The company reported standalone net profit of Rs 0.21 crore for the quarter ended September 30 2019 as compared to Rs 0.22 crore in the same period last year registering a year-on-year decline of 4.55 per cent.


Net revenue of the company declined moderately by 10.90 per cent at Rs 14.87 crore in July-September quarter of this fiscal as against Rs 16.69 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 6.26 per cent to Rs 15.88 crore from Rs 16.94 crore in year ago period.


Other Income grew by 38.89 per cent at Rs 1.50 crore versus (Sep`18 Rs 1.08 crore).


Operating Profit surged by 308.00 per cent to Rs -1.02 crore as against Rs -0.25 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 359.73 per cent in September quarter.


Interest declined by 51.11 per cent y-o-y to Rs 0.22 crore while Taxation decreased by 83.33 per cent at Rs 0.01 crore (Sep`18 Rs 0.06 crore).