03-05-2021 04:24 PM | Source: Dion Global Solutions Ltd
Elcid Investment Q3 net profit jumps 64.15% at Rs 23.26 cr
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The company reported standalone net profit of Rs 23.26 crore for the quarter ended December 31, 2020 as compared to Rs 14.17 crore in the same period last year, registering a year-on-year growth of 64.15 per cent. Net revenue of the company rose triple digit by 103.74 per cent at Rs 31.58 crore in October-December quarter of this fiscal as against Rs 15.50 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 0.00 per cent to Rs 0.19 crore from Rs 0.19 crore in year ago period. Operating Profit surged by 105.03 per cent to Rs 31.39 crore as against Rs 15.31 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.63 per cent in December quarter. Taxation increased by 634.55 per cent at Rs 8.08 crore (Dec'19 Rs 1.10 crore).