24 Oct 2020 | 3:16 AM

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COMPANYNEWS
Perfectpac Q1 net profit up 26.83% at Rs 1.04 cr
  Perfectpac Ltd. | 09 Jan 2020 | 04:01 PM
Published on 08-10-2019
The company reported standalone net profit of Rs 1.04 crore for the quarter ended June 30 2019 as compared to Rs 0.82 crore in the same period last year registering a year-on-year growth of 26.83 per cent.


Net revenue of the company rose moderately by 7.94 per cent at Rs 22.16 crore in April-June quarter of this fiscal as against Rs 20.53 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 6.63 per cent to Rs 20.26 crore from Rs 19.00 crore in year ago period.


Operating Profit surged by 23.38 per cent to Rs 1.90 crore as against Rs 1.54 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 14.57 per cent in June quarter.


Interest declined by 41.18 per cent y-o-y to Rs 0.10 crore while Taxation increased by 122.22 per cent at Rs 0.40 crore (Jun`18 Rs 0.18 crore).