10 Dec 2019 | 8:40 AM

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COMPANYNEWS
Gogia Capital Servic Q2 net profit jumps 63.83% at Rs 0.77 cr
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Published on 11-17-2019
The company reported standalone net profit of Rs 0.77 crore for the quarter ended September 30 2019 as compared to Rs 0.47 crore in the same period last year registering a year-on-year growth of 63.83 per cent.


Net revenue of the company rose substantially by 22.73 per cent at Rs 1.08 crore in July-September quarter of this fiscal as against Rs 0.88 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 77.78 per cent to Rs 0.80 crore from Rs 0.45 crore in year ago period.


Other Income grew by 38.71 per cent at Rs 0.86 crore versus (Sep`18 Rs 0.62 crore).


Operating Profit slipped by 36.36 per cent to Rs 0.28 crore as against Rs 0.44 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 47.12 per cent in September quarter.


Interest declined by 75.00 per cent y-o-y to Rs 0.09 crore while Taxation increased by 60.00 per cent at Rs 0.24 crore (Sep`18 Rs 0.15 crore).