30 May 2020 | 2:50 PM

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Transpek Indus. Q1 net profit down 67.41% at Rs 3.35 cr
  Transpek Industry Ltd. | 17 Jan 2020 | 10:51 AM
Published on 08-09-2019
The company reported standalone net profit of Rs 3.35 crore for the quarter ended June 30 2019 as compared to Rs 10.28 crore in the same period last year registering a year-on-year decline of 67.41 per cent.


Net revenue of the company declined marginally by 4.29 per cent at Rs 112.63 crore in April-June quarter of this fiscal as against Rs 117.68 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 3.18 per cent to Rs 104.05 crore from Rs 100.84 crore in year ago period.


Other Income dipped by 12.82 per cent at Rs 5.71 crore versus (Jun`18 Rs 6.55 crore).


Operating Profit slipped by 49.05 per cent to Rs 8.58 crore as against Rs 16.84 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 46.75 per cent in June quarter.


Interest declined by 22.61 per cent y-o-y to Rs 3.97 crore while Taxation decreased by 81.01 per cent at Rs 0.90 crore (Jun`18 Rs 4.74 crore).