25 Nov 2020 | 2:43 PM

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RDB Rasayans Q2 net profit up 20.20% at Rs 2.38 cr
  RDB Rasayans Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-16-2018
The company reported standalone net profit of Rs 2.38 crore for the quarter ended September 30 2018 as compared to Rs 1.98 crore in the same period last year registering a year-on-year growth of 20.20 per cent.


Net revenue of the company rose substantially by 23.74 per cent at Rs 24.76 crore in July-September quarter of this fiscal as against Rs 20.01 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 22.74 per cent to Rs 22.72 crore from Rs 18.51 crore in year ago period.


Other Income dipped by 16.32 per cent at Rs 2.00 crore versus (Sep`17 Rs 2.39 crore).


Operating Profit surged by 36.00 per cent to Rs 2.04 crore as against Rs 1.50 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 9.85 per cent in September quarter.


Interest declined by 30.23 per cent y-o-y to Rs 0.30 crore while Taxation decreased by 12.20 per cent at Rs 1.08 crore (Sep`17 Rs 1.23 crore).