21 Oct 2020 | 4:09 PM


Kaira Can Co. Q2 net profit jumps 72.88% at Rs 1.02 cr
  Kaira Can Company Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-08-2019
The company reported standalone net profit of Rs 1.02 crore for the quarter ended September 30 2019 as compared to Rs 0.59 crore in the same period last year registering a year-on-year growth of 72.88 per cent.

Net revenue of the company rose moderately by 6.54 per cent at Rs 39.90 crore in July-September quarter of this fiscal as against Rs 37.45 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 5.79 per cent to Rs 37.25 crore from Rs 35.21 crore in year ago period.

Other Income dipped by 20.00 per cent at Rs 0.08 crore versus (Sep`18 Rs 0.10 crore).

Operating Profit surged by 17.78 per cent to Rs 2.65 crore as against Rs 2.25 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 10.67 per cent in September quarter.

Interest declined by 68.42 per cent y-o-y to Rs 0.06 crore while Taxation increased by 8.33 per cent at Rs 0.39 crore (Sep`18 Rs 0.36 crore).