09 Jul 2020 | 1:11 PM

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Shree Metalloys Q2 net profit jumps 100.00% at Rs 0.06 cr
  Shree Metalloys Ltd. | 06 Jan 2020 | 03:41 PM
Published on 11-13-2019
The company reported standalone net profit of Rs 0.06 crore for the quarter ended September 30 2019 as compared to Rs 0.03 crore in the same period last year registering a year-on-year growth of 100.00 per cent.


Net revenue of the company declined moderately by 7.23 per cent at Rs 8.85 crore in July-September quarter of this fiscal as against Rs 9.54 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 8.09 per cent to Rs 8.64 crore from Rs 9.40 crore in year ago period.


Operating Profit surged by 53.85 per cent to Rs 0.20 crore as against Rs 0.13 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 64.75 per cent in September quarter.


Interest declined by 47.06 per cent y-o-y to Rs 0.09 crore