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Saboo Sodium Ch Q1 net profit zooms 1200.00% at Rs 0.91 cr
  Saboo Sodium Chloro Ltd. | 17 Jan 2020 | 10:51 AM
Published on 08-12-2019
The company reported standalone net profit of Rs 0.91 crore for the quarter ended June 30 2019 as compared to Rs 0.07 crore in the same period last year registering a year-on-year growth of 1200.00 per cent.


Net revenue of the company rose substantially by 21.05 per cent at Rs 8.28 crore in April-June quarter of this fiscal as against Rs 6.84 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 19.50 per cent to Rs 6.74 crore from Rs 5.64 crore in year ago period.


Other Income grew by 4600.00 per cent at Rs 0.47 crore versus (Jun`18 Rs 0.01 crore).


Operating Profit surged by 28.33 per cent to Rs 1.54 crore as against Rs 1.20 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 5.57 per cent in June quarter.


Interest grew by 3.95 per cent y-o-y to Rs 0.79 crore