30 May 2020 | 3:09 PM


Raghuvir Synth. Q2 net profit zooms 555.56% at Rs 0.59 cr
  Raghuvir Synthetics Ltd. | 14 Jan 2020 | 03:41 PM
Published on 12-15-2017
The company reported standalone net profit of Rs 0.59 crore for the quarter ended September 30 2017 as compared to Rs 0.09 crore in the same period last year registering a year-on-year growth of 555.56 per cent.

Net revenue of the company rose substantially by 20.86 per cent at Rs 9.79 crore in July-September quarter of this fiscal as against Rs 8.10 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 13.96 per cent to Rs 8.57 crore from Rs 7.52 crore in year ago period.

Other Income grew by 47.37 per cent at Rs 0.28 crore versus (Sep'16 Rs 0.19 crore).

Operating Profit surged by 110.34 per cent to Rs 1.22 crore as against Rs 0.58 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 73.22 per cent in September quarter.

Interest grew by 360.00 per cent y-o-y to Rs 0.23 crore while Taxation decreased by 62.50 per cent at Rs 0.03 crore (Sep'16 Rs 0.08 crore).