25 Sep 2020 | 10:12 AM

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Ishan Dyes & Che Q2 net profit down 29.60% at Rs 1.95 cr
  Ishan Dyes & Chemicals Ltd. | 17 Jan 2020 | 10:49 AM
Published on 11-15-2019
The company reported standalone net profit of Rs 1.95 crore for the quarter ended September 30 2019 as compared to Rs 2.77 crore in the same period last year registering a year-on-year decline of 29.60 per cent.


Net revenue of the company declined marginally by 3.16 per cent at Rs 21.46 crore in July-September quarter of this fiscal as against Rs 22.16 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 0.44 per cent to Rs 18.23 crore from Rs 18.31 crore in year ago period.


Other Income dipped by 76.00 per cent at Rs 0.06 crore versus (Sep`18 Rs 0.25 crore).


Operating Profit slipped by 16.15 per cent to Rs 3.22 crore as against Rs 3.84 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 13.44 per cent in September quarter.


Interest grew by 64.29 per cent y-o-y to Rs 0.23 crore while Taxation decreased by 21.84 per cent at Rs 0.68 crore (Sep`18 Rs 0.87 crore).