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Category :
Company News
Headline :
Navkar Urbanstructur Q2 net profit zooms 155.17% at Rs 0.74 cr
Date:
04/11/2023 19:31
The company reported standalone net profit of Rs 0.74 crore for the quarter ended September 30, 2023 as compared to Rs 0.29 crore in the same period last year, registering a year-on-year growth of 155.17 per cent.
Net revenue of the company rose triple digit by 189.35 per cent at Rs 6.25 crore in July-September quarter of this fiscal as against Rs 2.16 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 190.00 per cent to Rs 5.51 crore from Rs 1.90 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.06 crore versus (Sep'22 Rs 0.06 crore).
Operating Profit surged by 184.62 per cent to Rs 0.74 crore as against Rs 0.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.79 per cent in September quarter.
Interest grew by 100.00 per cent y-o-y to Rs 0.06 crore
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