16 Dec 2019 | 1:54 PM


Genesys Int.Corp. Q2 net profit jumps 41.53% at Rs 3.34 cr
  Genesys International Corporation Ltd. | 16 Dec 2019 | 01:45 PM
Published on 11-15-2019
The company reported standalone net profit of Rs 3.34 crore for the quarter ended September 30 2019 as compared to Rs 2.36 crore in the same period last year registering a year-on-year growth of 41.53 per cent.

Net revenue of the company rose moderately by 8.39 per cent at Rs 27.64 crore in July-September quarter of this fiscal as against Rs 25.50 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 6.19 per cent to Rs 22.49 crore from Rs 21.18 crore in year ago period.

Other Income grew by 2.68 per cent at Rs 1.15 crore versus (Sep`18 Rs 1.12 crore).

Operating Profit surged by 19.21 per cent to Rs 5.15 crore as against Rs 4.32 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 9.91 per cent in September quarter.

Interest grew by 25.00 per cent y-o-y to Rs 0.70 crore while Taxation decreased by 237.93 per cent at Rs -0.80 crore (Sep`18 Rs 0.58 crore).