26 May 2020 | 11:13 AM

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Keltech Energies Q1 net profit jumps 45.37% at Rs 2.98 cr
  Keltech Energies Ltd. | 17 Jan 2020 | 10:43 AM
Published on 07-23-2019
The company reported standalone net profit of Rs 2.98 crore for the quarter ended June 30 2019 as compared to Rs 2.05 crore in the same period last year registering a year-on-year growth of 45.37 per cent.


Net revenue of the company rose moderately by 8.52 per cent at Rs 64.34 crore in April-June quarter of this fiscal as against Rs 59.29 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 7.02 per cent to Rs 58.27 crore from Rs 54.45 crore in year ago period.


Other Income dipped by 35.71 per cent at Rs 0.09 crore versus (Jun`18 Rs 0.14 crore).


Operating Profit surged by 25.41 per cent to Rs 6.07 crore as against Rs 4.84 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 15.42 per cent in June quarter.


Interest declined by 40.70 per cent y-o-y to Rs 0.51 crore while Taxation increased by 51.76 per cent at Rs 1.29 crore (Jun`18 Rs 0.85 crore).