06 Dec 2019 | 2:25 PM

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COMPANYNEWS
Zota Healthcare Q2 net profit down 55.69% at Rs 1.09 cr
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Published on 11-15-2019
The company reported standalone net profit of Rs 1.09 crore for the quarter ended September 30 2019 as compared to Rs 2.46 crore in the same period last year registering a year-on-year decline of 55.69 per cent.


Net revenue of the company rose marginally by 4.42 per cent at Rs 25.29 crore in July-September quarter of this fiscal as against Rs 24.22 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 14.37 per cent to Rs 23.87 crore from Rs 20.87 crore in year ago period.


Other Income dipped by 40.32 per cent at Rs 0.37 crore versus (Sep`18 Rs 0.62 crore).


Operating Profit slipped by 57.74 per cent to Rs 1.42 crore as against Rs 3.36 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 59.52 per cent in September quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore while Taxation decreased by 68.38 per cent at Rs 0.37 crore (Sep`18 Rs 1.17 crore).