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News Details

Elantas Beck India L Q3 net profit down 7.47% at Rs 19.58 cr

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02/11/2021 17:20
The company reported standalone net profit of Rs 19.58 crore for the quarter ended September 30, 2021 as compared to Rs 21.16 crore in the same period last year, registering a year-on-year decline of 7.47 per cent.

Net revenue of the company rose moderately by 16.60 per cent at Rs 132.63 crore in July-September quarter of this fiscal as against Rs 113.75 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 34.00 per cent to Rs 117.02 crore from Rs 87.33 crore in year ago period.

Other Income grew by 49.45 per cent at Rs 5.47 crore versus (Sep'20 Rs 3.66 crore).

Operating Profit slipped by 40.92 per cent to Rs 15.61 crore as against Rs 26.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.33 per cent in September quarter.

Taxation increased by 32.11 per cent at Rs 7.94 crore (Sep'20 Rs 6.01 crore).