29 Sep 2020 | 3:30 AM


Indo Count Inds. Q1 net profit up 16.77% at Rs 33.63 cr
  Indo Count Industries Ltd. | 17 Jan 2020 | 10:51 AM
Published on 08-08-2019
The company reported standalone net profit of Rs 33.63 crore for the quarter ended June 30 2019 as compared to Rs 28.80 crore in the same period last year registering a year-on-year growth of 16.77 per cent.

Net revenue of the company rose by 5.81 per cent at Rs 465.81 crore in April-June quarter of this fiscal as against Rs 440.25 crore in the corresponding period last year.

During April-June quarter operating expenses increased by 3.75 per cent to Rs 407.51 crore from Rs 392.79 crore in year ago period.

Operating Profit surged by 8.38 per cent to Rs 69.46 crore as against Rs 64.09 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 2.40 per cent in June quarter.

Interest declined by 8.33 per cent y-o-y to Rs 8.36 crore while Taxation decreased by 3.11 per cent at Rs 17.73 crore (Jun`18 Rs 18.30 crore).