14 Dec 2019 | 11:33 AM

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COMPANYNEWS
Sunil Agro Foods Q1 net profit down 12.50% at Rs 0.14 cr
  Sunil Agro Foods Ltd. | 13 Dec 2019 | 04:01 PM
Published on 08-09-2019
The company reported standalone net profit of Rs 0.14 crore for the quarter ended June 30 2019 as compared to Rs 0.16 crore in the same period last year registering a year-on-year decline of 12.50 per cent.


Net revenue of the company rose moderately by 14.44 per cent at Rs 32.50 crore in April-June quarter of this fiscal as against Rs 28.40 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 11.83 per cent to Rs 31.96 crore from Rs 28.58 crore in year ago period.


Other Income dipped by 48.21 per cent at Rs 0.29 crore versus (Jun`18 Rs 0.56 crore).


Operating Profit surged by 146.67 per cent to Rs 1.11 crore as against Rs 0.45 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 115.82 per cent in June quarter.


Interest declined by 9.52 per cent y-o-y to Rs 0.57 crore while Taxation increased by 300.00 per cent at Rs 0.24 crore (Jun`18 Rs -0.12 crore).