Capacit'e Infraproje Q2 net profit jumps 72.81% at Rs 39.78 cr
08/11/2019 19:00

The company reported standalone net profit of Rs 39.78 crore for the quarter ended September 30, 2019 as compared to Rs 23.02 crore in the same period last year, registering a year-on-year growth of 72.81 per cent.

Net revenue of the company declined moderately by 8.53 per cent at Rs 405.33 crore in July-September quarter of this fiscal as against Rs 443.14 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 10.65 per cent to Rs 338.24 crore from Rs 378.55 crore in year ago period.

Other Income dipped by 16.58 per cent at Rs 8.15 crore versus (Sep'18 Rs 9.77 crore).

Operating Profit surged by 3.87 per cent to Rs 67.09 crore as against Rs 64.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.59 per cent in September quarter.

Interest grew by 20.03 per cent y-o-y to Rs 14.98 crore, while Taxation decreased by 169.04 per cent at Rs -8.92 crore (Sep'18 Rs 12.92 crore).