26 May 2020 | 1:15 PM

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Keltech Energies Q2 net profit zooms 700.00% at Rs 2.16 cr
  Keltech Energies Ltd. | 17 Jan 2020 | 10:43 AM
Published on 10-23-2019
The company reported standalone net profit of Rs 2.16 crore for the quarter ended September 30 2019 as compared to Rs 0.27 crore in the same period last year registering a year-on-year growth of 700.00 per cent.


Net revenue of the company rose moderately by 7.93 per cent at Rs 50.48 crore in July-September quarter of this fiscal as against Rs 46.77 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 1.85 per cent to Rs 45.76 crore from Rs 44.93 crore in year ago period.


Other Income dipped by 76.79 per cent at Rs 0.13 crore versus (Sep`18 Rs 0.56 crore).


Operating Profit surged by 157.92 per cent to Rs 4.72 crore as against Rs 1.83 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 139.13 per cent in September quarter.


Interest declined by 18.75 per cent y-o-y to Rs 0.65 crore while Taxation increased by 550.00 per cent at Rs 0.65 crore (Sep`18 Rs 0.10 crore).