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News Details

Lords Chloro Alkali posts Q2 net profit of Rs 2.12 cr

Back
11/11/2021 21:40
The company reported standalone net profit during the quarter stood at Rs 2.12 crore compared to net loss of Rs 0.83 crore in the previous year quarter.

Net revenue of the company rose moderately by 14.80 per cent at Rs 47.23 crore in July-September quarter of this fiscal as against Rs 41.14 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 7.34 per cent to Rs 42.72 crore from Rs 39.80 crore in year ago period.

Other Income grew by 1480.00 per cent at Rs 1.58 crore versus (Sep'20 Rs 0.10 crore).

Operating Profit surged by 236.57 per cent to Rs 4.51 crore as against Rs 1.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 192.64 per cent in September quarter.

Interest grew by 25.77 per cent y-o-y to Rs 1.22 crore, while Taxation increased by 436.67 per cent at Rs 1.01 crore (Sep'20 Rs -0.30 crore).