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Jain Marmo Indus posts Q2 net profit of Rs 0.10 cr
  Jain Marmo Industries Ltd. | 13 Dec 2019 | 04:01 PM
Published on 11-16-2018
The company reported standalone net profit during the quarter stood at Rs 0.10 crore compared to net loss of Rs 0.09 crore in the previous year quarter.


Net revenue of the company rose two fold by 225.00 per cent at Rs 1.04 crore in July-September quarter of this fiscal as against Rs 0.32 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 136.36 per cent to Rs 0.78 crore from Rs 0.33 crore in year ago period.


Operating Profit surged by 2700.00 per cent to Rs 0.26 crore as against Rs -0.01 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 911.82 per cent in September quarter.


Interest declined by 20.00 per cent y-o-y to Rs 0.08 crore while Taxation increased by 180.00 per cent at Rs 0.04 crore (Sep`17 Rs -0.05 crore).