16 Dec 2019 | 11:04 AM

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COMPANYNEWS
Pil Italica Lifestyl Q2 net profit zooms 1040.00% at Rs 0.57 cr
  Pil Italica Lifestyle Ltd. | 16 Dec 2019 | 10:47 AM
Published on 11-08-2019
The company reported standalone net profit of Rs 0.57 crore for the quarter ended September 30 2019 as compared to Rs 0.05 crore in the same period last year registering a year-on-year growth of 1040.00 per cent.


Net revenue of the company rose substantially by 37.67 per cent at Rs 10.38 crore in July-September quarter of this fiscal as against Rs 7.54 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 19.80 per cent to Rs 10.59 crore from Rs 8.84 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.96 crore versus (Sep`18 Rs 0.00 crore).


Operating Profit slipped by 60.38 per cent to Rs -0.21 crore as against Rs -0.53 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 71.25 per cent in September quarter.


Interest grew by 200.00 per cent y-o-y to Rs 0.09 crore