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Category :
Company News
Headline :
Sprayking L Q1 net profit zooms 1775.00% at Rs 1.50 cr
Date:
14/08/2024 16:50
The company reported standalone net profit of Rs 1.50 crore for the quarter ended June 30, 2024 as compared to Rs 0.08 crore in the same period last year, registering a year-on-year growth of 1775.00 per cent.
Net revenue of the company rose two fold by 281.21 per cent at Rs 20.09 crore in April-June quarter of this fiscal as against Rs 5.27 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 249.21 per cent to Rs 17.60 crore from Rs 5.04 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.05 crore versus (Jun'23 Rs 0.00 crore).
Operating Profit surged by 1031.82 per cent to Rs 2.49 crore as against Rs 0.22 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 190.40 per cent in June quarter.
Interest grew by 111.11 per cent y-o-y to Rs 0.19 crore, while Taxation increased by 2700.00 per cent at Rs 0.56 crore (Jun'23 Rs 0.02 crore).
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