03-01-2021 11:03 AM | Source: Dion Global Solutions Ltd
Rubfila Internationa Q3 net profit zooms 227.76% at Rs 9.80 cr
News By Tags | #4666 #572 #1302 #933

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

The company reported standalone net profit of Rs 9.80 crore for the quarter ended December 31, 2020 as compared to Rs 2.99 crore in the same period last year, registering a year-on-year growth of 227.76 per cent. Net revenue of the company rose substantially by 25.70 per cent at Rs 71.01 crore in October-December quarter of this fiscal as against Rs 56.49 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 7.79 per cent to Rs 57.12 crore from Rs 52.99 crore in year ago period. Other Income grew by 10.42 per cent at Rs 0.53 crore versus (Dec'19 Rs 0.48 crore). Operating Profit surged by 296.86 per cent to Rs 13.89 crore as against Rs 3.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 215.48 per cent in December quarter. Taxation increased by 2314.29 per cent at Rs 3.38 crore (Dec'19 Rs 0.14 crore).