11 Aug 2020 | 12:14 PM

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COMPANYNEWS
Sagar Productions Q1 net profit jumps 80.00% at Rs 0.18 cr
  Sagar Productions Ltd. | 17 Jan 2020 | 10:16 AM
Published on 08-15-2019
The company reported standalone net profit of Rs 0.18 crore for the quarter ended June 30 2019 as compared to Rs 0.10 crore in the same period last year registering a year-on-year growth of 80.00 per cent.


Net revenue of the company declined substantially by 22.86 per cent at Rs 1.35 crore in April-June quarter of this fiscal as against Rs 1.75 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 29.09 per cent to Rs 1.17 crore from Rs 1.65 crore in year ago period.


Operating Profit surged by 80.00 per cent to Rs 0.18 crore as against Rs 0.10 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 132.71 per cent in June quarter.