26 May 2020 | 1:09 PM

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Seasons Textiles Q2 net profit up 40.00% at Rs 0.07 cr
  Seasons Textiles Ltd. | 16 Jan 2020 | 03:52 PM
Published on 11-14-2019
The company reported standalone net profit of Rs 0.07 crore for the quarter ended September 30 2019 as compared to Rs 0.05 crore in the same period last year registering a year-on-year growth of 40.00 per cent.


Net revenue of the company rose moderately by 12.56 per cent at Rs 6.81 crore in July-September quarter of this fiscal as against Rs 6.05 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 16.88 per cent to Rs 5.47 crore from Rs 4.68 crore in year ago period.


Operating Profit slipped by 2.19 per cent to Rs 1.34 crore as against Rs 1.37 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 13.45 per cent in September quarter.


Interest grew by 3.90 per cent y-o-y to Rs 0.80 crore while Taxation increased by 100.00 per cent at Rs -0.04 crore (Sep`18 Rs -0.02 crore).