19 Jan 2021 | 4:23 AM

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Shardul Securities L Q2 net profit zooms 1253.19% at Rs 6.36 cr
  Shardul Securities Ltd. | 16 Jan 2020 | 03:41 PM
Published on 12-16-2019
The company reported standalone net profit of Rs 6.36 crore for the quarter ended September 30 2019 as compared to Rs 0.47 crore in the same period last year registering a year-on-year growth of 1253.19 per cent.


Net revenue of the company rose three fold by 370.29 per cent at Rs 6.49 crore in July-September quarter of this fiscal as against Rs 1.38 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 70.48 per cent to Rs 0.31 crore from Rs 1.05 crore in year ago period.


Other Income dipped by 93.33 per cent at Rs 0.01 crore versus (Sep`18 Rs 0.15 crore).


Operating Profit surged by 1772.73 per cent to Rs 6.18 crore as against Rs 0.33 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 296.05 per cent in September quarter.


Taxation increased by 187.50 per cent at Rs -0.23 crore (Sep`18 Rs -0.08 crore).