16 Jan 2021 | 12:02 PM

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Sudarshan Chem. Q2 net profit jumps 46.38% at Rs 43.49 cr
  Sudarshan Chemical Industries Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-04-2019
The company reported standalone net profit of Rs 43.49 crore for the quarter ended September 30 2019 as compared to Rs 29.71 crore in the same period last year registering a year-on-year growth of 46.38 per cent.


Net revenue of the company rose marginally by 1.39 per cent at Rs 375.43 crore in July-September quarter of this fiscal as against Rs 370.29 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 0.26 per cent to Rs 320.04 crore from Rs 320.88 crore in year ago period.


Other Income grew by 168.39 per cent at Rs 1.06 crore versus (Sep`18 Rs -1.55 crore).


Operating Profit surged by 10.57 per cent to Rs 62.16 crore as against Rs 56.22 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 9.09 per cent in September quarter.


Interest grew by 34.21 per cent y-o-y to Rs 3.06 crore while Taxation decreased by 101.19 per cent at Rs -0.14 crore (Sep`18 Rs 11.79 crore).