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News Details

Ashish Polyplast Q2 net profit jumps 62.50% at Rs 0.13 cr

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15/11/2021 18:41
The company reported standalone net profit of Rs 0.13 crore for the quarter ended September 30, 2021 as compared to Rs 0.08 crore in the same period last year, registering a year-on-year growth of 62.50 per cent.

Net revenue of the company rose moderately by 16.62 per cent at Rs 4.49 crore in July-September quarter of this fiscal as against Rs 3.85 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 16.04 per cent to Rs 4.34 crore from Rs 3.74 crore in year ago period.

Other Income grew by 50.00 per cent at Rs 0.09 crore versus (Sep'20 Rs 0.06 crore).

Operating Profit surged by 36.36 per cent to Rs 0.15 crore as against Rs 0.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.63 per cent in September quarter.

Interest grew by 200.00 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 33.33 per cent at Rs 0.02 crore (Sep'20 Rs 0.03 crore).