16 Jan 2021 | 11:57 AM

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SIL Investments Q1 net profit up 32.76% at Rs 6.89 cr
  SIL Investments Ltd. | 16 Jan 2020 | 03:41 PM
Published on 08-12-2019
The company reported standalone net profit of Rs 6.89 crore for the quarter ended June 30 2019 as compared to Rs 5.19 crore in the same period last year registering a year-on-year growth of 32.76 per cent.


Net revenue of the company declined substantially by 56.71 per cent at Rs 3.29 crore in April-June quarter of this fiscal as against Rs 7.60 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 32.71 per cent to Rs 0.72 crore from Rs 1.07 crore in year ago period.


Other Income grew by 6255.56 per cent at Rs 5.72 crore versus (Jun`18 Rs 0.09 crore).


Operating Profit slipped by 60.64 per cent to Rs 2.57 crore as against Rs 6.53 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 9.08 per cent in June quarter.


Taxation decreased by 4.29 per cent at Rs 1.34 crore (Jun`18 Rs 1.40 crore).