15 Dec 2019 | 3:32 AM

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COMPANYNEWS
Kilpest India Lt Q2 net profit zooms 120.00% at Rs 0.44 cr
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Published on 11-12-2019
The company reported standalone net profit of Rs 0.44 crore for the quarter ended September 30 2019 as compared to Rs 0.20 crore in the same period last year registering a year-on-year growth of 120.00 per cent.


Net revenue of the company rose moderately by 14.65 per cent at Rs 5.87 crore in July-September quarter of this fiscal as against Rs 5.12 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 17.14 per cent to Rs 5.81 crore from Rs 4.96 crore in year ago period.


Other Income grew by 108.00 per cent at Rs 0.52 crore versus (Sep`18 Rs 0.25 crore).


Operating Profit slipped by 56.25 per cent to Rs 0.07 crore as against Rs 0.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 63.73 per cent in September quarter.


Interest declined by 55.56 per cent y-o-y to Rs 0.04 crore while Taxation decreased by 40.00 per cent at Rs 0.03 crore (Sep`18 Rs 0.05 crore).