13 Dec 2019 | 9:08 AM

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Sunil Agro Foods Q2 net profit zooms 116.67% at Rs 0.13 cr
  Sunil Agro Foods Ltd. | 12 Dec 2019 | 03:41 PM
Published on 11-14-2019
The company reported standalone net profit of Rs 0.13 crore for the quarter ended September 30 2019 as compared to Rs 0.06 crore in the same period last year registering a year-on-year growth of 116.67 per cent.


Net revenue of the company rose moderately by 10.92 per cent at Rs 38.71 crore in July-September quarter of this fiscal as against Rs 34.90 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 8.01 per cent to Rs 37.60 crore from Rs 34.81 crore in year ago period.


Other Income dipped by 60.87 per cent at Rs 0.09 crore versus (Sep`18 Rs 0.23 crore).


Operating Profit surged by 19.35 per cent to Rs 1.11 crore as against Rs 0.93 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 7.87 per cent in September quarter.


Interest grew by 14.29 per cent y-o-y to Rs 0.64 crore while Taxation decreased by 105.56 per cent at Rs -0.01 crore (Sep`18 Rs 0.18 crore).