28 Jan 2020 | 4:18 PM

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COMPANYNEWS
Shukra Jewellery posts Q2 net profit of Rs 0.76 cr
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Published on 12-11-2019
The company reported standalone net profit during the quarter stood at Rs 0.76 crore compared to net loss of Rs 0.47 crore in the previous year quarter.


Net revenue of the company rose three fold by 2952.46 per cent at Rs 18.62 crore in July-September quarter of this fiscal as against Rs 0.61 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 2143.04 per cent to Rs 17.72 crore from Rs 0.79 crore in year ago period.


Operating Profit surged by 600.00 per cent to Rs 0.90 crore as against Rs -0.18 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 116.04 per cent in September quarter.


Interest declined by 59.09 per cent y-o-y to Rs 0.09 crore