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News Details

Century Extru. Q3 net profit zooms 121.05% at Rs 1.68 cr

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12/02/2021 21:00
The company reported standalone net profit of Rs 1.68 crore for the quarter ended December 31, 2020 as compared to Rs 0.76 crore in the same period last year, registering a year-on-year growth of 121.05 per cent.

Net revenue of the company declined marginally by 4.59 per cent at Rs 58.98 crore in October-December quarter of this fiscal as against Rs 61.82 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 6.87 per cent to Rs 53.85 crore from Rs 57.82 crore in year ago period.

Other Income grew by 9.30 per cent at Rs 0.47 crore versus (Dec'19 Rs 0.43 crore).

Operating Profit surged by 28.25 per cent to Rs 5.13 crore as against Rs 4.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 34.47 per cent in December quarter.

Interest declined by 0.51 per cent y-o-y to Rs 1.94 crore, while Taxation decreased by 17.78 per cent at Rs 0.37 crore (Dec'19 Rs 0.45 crore).