News Details
Headline : DCM posts Q3 net profit of Rs 3.21 cr
Date: 11/02/2019 18:00
The company reported standalone net profit during the quarter stood at Rs 3.21 crore compared to net loss of Rs 8.17 crore in the previous year quarter.

Net revenue of the company rose substantially by 32.33 per cent at Rs 284.24 crore in October-December quarter of this fiscal as against Rs 214.80 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 26.88 per cent to Rs 268.60 crore from Rs 211.69 crore in year ago period.

Other Income dipped by 6.79 per cent at Rs 3.57 crore versus (Dec'17 Rs 3.83 crore).

Operating Profit surged by 402.89 per cent to Rs 15.64 crore as against Rs 3.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 279.31 per cent in December quarter.

Interest grew by 10.36 per cent y-o-y to Rs 6.50 crore, while Taxation increased by 4600.00 per cent at Rs 0.90 crore (Dec'17 Rs -0.02 crore).

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