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( As on 15/02/2022 17:31) Jaipan Industrie Q3 net profit up 33.33% at Rs 0.08 cr

The company reported standalone net profit of Rs 0.08 crore for the quarter ended December 31, 2021 as compared to Rs 0.06 crore in the same period last year, registering a year-on-year growth of 33.33 per cent.

Net revenue of the company rose substantially by 27.94 per cent at Rs 5.22 crore in October-December quarter of this fiscal as against Rs 4.08 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 26.33 per cent to Rs 4.99 crore from Rs 3.95 crore in year ago period.

Operating Profit surged by 91.67 per cent to Rs 0.23 crore as against Rs 0.12 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 42.81 per cent in December quarter.

Interest grew by 20.00 per cent y-o-y to Rs 0.12 crore