News Details
Category : Company
Headline : Tarmat L Q2 net profit zooms 107.14% at Rs 0.87 cr
Date: 21/11/2020 07:00
The company reported standalone net profit of Rs 0.87 crore for the quarter ended September 30, 2020 as compared to Rs 0.42 crore in the same period last year, registering a year-on-year growth of 107.14 per cent.

Net revenue of the company rose moderately by 17.82 per cent at Rs 29.03 crore in July-September quarter of this fiscal as against Rs 24.64 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 15.60 per cent to Rs 27.86 crore from Rs 24.10 crore in year ago period.

Other Income grew by 333.33 per cent at Rs 0.13 crore versus (Sep'19 Rs 0.03 crore).

Operating Profit surged by 116.67 per cent to Rs 1.17 crore as against Rs 0.54 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 83.56 per cent in September quarter.

Interest grew by 800.00 per cent y-o-y to Rs 0.18 crore, while Taxation increased by 0.00 per cent at Rs -0.08 crore (Sep'19 Rs 0.00 crore).