07 Dec 2019 | 2:52 AM

News

COMPANYNEWS
Sahyog Multibase Q1 net profit zooms 1266.67% at Rs 0.41 cr
  Best Agrolife Ltd. | 06 Dec 2019 | 03:46 PM
Published on 08-07-2019
The company reported standalone net profit of Rs 0.41 crore for the quarter ended June 30 2019 as compared to Rs 0.03 crore in the same period last year registering a year-on-year growth of 1266.67 per cent.


Net revenue of the company declined substantially by 22.68 per cent at Rs 21.78 crore in April-June quarter of this fiscal as against Rs 28.17 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 10.45 per cent to Rs 26.13 crore from Rs 29.18 crore in year ago period.


Other Income grew by 269.12 per cent at Rs 5.02 crore versus (Jun`18 Rs 1.36 crore).


Operating Profit surged by 329.70 per cent to Rs -4.34 crore as against Rs -1.01 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 455.15 per cent in June quarter.


Interest grew by 13.79 per cent y-o-y to Rs 0.33 crore while Taxation decreased by 900.00 per cent at Rs -0.08 crore (Jun`18 Rs 0.01 crore).