07 Dec 2019 | 10:52 PM

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P G Industry Ltd Q2 net profit jumps 58.33% at Rs 0.19 cr
  P G Industry Ltd. | 04 Dec 2019 | 03:33 PM
Published on 11-16-2018
The company reported standalone net profit of Rs 0.19 crore for the quarter ended September 30 2018 as compared to Rs 0.12 crore in the same period last year registering a year-on-year growth of 58.33 per cent.


Net revenue of the company rose substantially by 54.74 per cent at Rs 11.59 crore in July-September quarter of this fiscal as against Rs 7.49 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 59.94 per cent to Rs 10.38 crore from Rs 6.49 crore in year ago period.


Operating Profit surged by 21.00 per cent to Rs 1.21 crore as against Rs 1.00 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 21.72 per cent in September quarter.


Interest grew by 18.57 per cent y-o-y to Rs 0.83 crore while Taxation increased by 20.00 per cent at Rs 0.06 crore (Sep`17 Rs 0.05 crore).