News Details

( As on 27/01/2021 13:30)

Shree Digvijay Q3 net profit jumps 48.52% at Rs 14.02 cr

The company reported standalone net profit of Rs 14.02 crore for the quarter ended December 31, 2020 as compared to Rs 9.44 crore in the same period last year, registering a year-on-year growth of 48.52 per cent.

Net revenue of the company rose moderately by 17.97 per cent at Rs 143.46 crore in October-December quarter of this fiscal as against Rs 121.61 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 14.11 per cent to Rs 116.51 crore from Rs 102.10 crore in year ago period.

Other Income grew by 62.50 per cent at Rs 2.08 crore versus (Dec'19 Rs 1.28 crore).

Operating Profit surged by 38.01 per cent to Rs 26.94 crore as against Rs 19.52 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.01 per cent in December quarter.

Interest grew by 262.50 per cent y-o-y to Rs 0.58 crore, while Taxation increased by 55.56 per cent at Rs 7.70 crore (Dec'19 Rs 4.95 crore).