01 Oct 2020 | 1:10 PM

News

COMPANYNEWS
Insilco posts Q1 net profit of Rs 0.83 cr
  Insilco Ltd. | 17 Jan 2020 | 10:49 AM
Published on 07-30-2019
The company reported standalone net profit during the quarter stood at Rs 0.83 crore compared to net loss of Rs 1.25 crore in the previous year quarter.


Net revenue of the company declined moderately by 7.99 per cent at Rs 25.11 crore in April-June quarter of this fiscal as against Rs 27.29 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 12.59 per cent to Rs 25.06 crore from Rs 28.67 crore in year ago period.


Other Income grew by 130.77 per cent at Rs 1.50 crore versus (Jun`18 Rs 0.65 crore).


Operating Profit surged by 103.62 per cent to Rs 0.05 crore as against Rs -1.38 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 103.95 per cent in June quarter.


Taxation increased by 150.00 per cent at Rs 0.03 crore (Jun`18 Rs -0.06 crore).