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Sumeru Industries Lt Q4 net profit zooms 240.00% at Rs 0.17 cr
  Sumeru Industries Ltd. | 15 Jan 2020 | 04:01 PM
Published on 05-11-2018
The company reported standalone net profit of Rs 0.17 crore for the quarter ended March 31 2018 as compared to Rs 0.05 crore in the same period last year registering a year-on-year growth of 240.00 per cent.


Net revenue of the company declined substantially by 30.57 per cent at Rs 1.34 crore in January-March quarter of this fiscal as against Rs 1.93 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 35.53 per cent to Rs 1.27 crore from Rs 1.97 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.12 crore versus (Mar'17 Rs 0.00 crore).


Operating Profit surged by 0.00 per cent to Rs 0.07 crore as against Rs 0.07 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 65.48 per cent in March quarter.