Markets

Market Nav

News Details

09/11/2024 09:31

Alufluoride Q2 net profit up 11.37% at Rs 6.66 cr

The company reported standalone net profit of Rs 6.66 crore for the quarter ended September 30, 2024 as compared to Rs 5.98 crore in the same period last year, registering a year-on-year growth of 11.37 per cent.

Net revenue of the company rose moderately by 19.20 per cent at Rs 53.20 crore in July-September quarter of this fiscal as against Rs 44.63 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 25.55 per cent to Rs 42.61 crore from Rs 33.94 crore in year ago period.

Other Income dipped by 18.87 per cent at Rs 0.43 crore versus (Sep'23 Rs 0.53 crore).

Operating Profit slipped by 0.94 per cent to Rs 10.59 crore as against Rs 10.69 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.94 per cent in September quarter.

Interest declined by 35.80 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 31.28 per cent at Rs 1.56 crore (Sep'23 Rs 2.27 crore).