30 May 2020 | 2:58 PM

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Transpek Indus. Q2 net profit jumps 41.45% at Rs 15.46 cr
  Transpek Industry Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-04-2019
The company reported standalone net profit of Rs 15.46 crore for the quarter ended September 30 2019 as compared to Rs 10.93 crore in the same period last year registering a year-on-year growth of 41.45 per cent.


Net revenue of the company declined moderately by 12.49 per cent at Rs 125.34 crore in July-September quarter of this fiscal as against Rs 143.23 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 17.42 per cent to Rs 99.95 crore from Rs 121.03 crore in year ago period.


Other Income grew by 8.25 per cent at Rs 3.15 crore versus (Sep`18 Rs 2.91 crore).


Operating Profit surged by 14.37 per cent to Rs 25.39 crore as against Rs 22.20 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 30.71 per cent in September quarter.


Interest declined by 30.70 per cent y-o-y to Rs 3.25 crore while Taxation decreased by 43.38 per cent at Rs 3.42 crore (Sep`18 Rs 6.04 crore).