13 Aug 2020 | 11:10 AM

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Solid Stone Company Q3 net profit zooms 150.00% at Rs 0.25 cr
  Solid Stone Company Ltd. | 07 Jan 2020 | 04:01 PM
Published on 02-13-2019
The company reported standalone net profit of Rs 0.25 crore for the quarter ended December 31 2018 as compared to Rs 0.10 crore in the same period last year registering a year-on-year growth of 150.00 per cent.


Net revenue of the company declined marginally by 1.81 per cent at Rs 11.40 crore in October-December quarter of this fiscal as against Rs 11.61 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 3.70 per cent to Rs 10.42 crore from Rs 10.82 crore in year ago period.


Other Income grew by 100.00 per cent at Rs 0.02 crore versus (Dec`17 Rs 0.01 crore).


Operating Profit surged by 25.64 per cent to Rs 0.98 crore as against Rs 0.78 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 27.07 per cent in December quarter.


Interest grew by 3.92 per cent y-o-y to Rs 0.53 crore while Taxation increased by 100.00 per cent at Rs 0.10 crore (Dec`17 Rs 0.05 crore).