R S Software has reported a 92% growth in topline in the third quarter vis-a-vis last year's third quarter. While operating margins have improved due to an 86% growth in total expenditure, a 44% growth in interest costs have led to an 84% increase in net profits.
(Rs m) | 3QFY2000 | 3QFY1999 | Change |
Income form Operations | 171.9 | 89.5 | 92.1% |
Other Income | 1.1 | 6.2 | -81.5% |
Expenditure | 135.0 | 72.5 | 86.1% |
Interest | 7.2 | 4.9 | 44.7% |
Depreciation | 3.9 | 3.5 | 11.4% |
Profit before Tax | 27.0 | 14.7 | 83.7% |
Tax | - | - | |
Profit after Tax | 27.0 | 14.7 | 84.2% |
Net profit margin | 15.7% | 16.4% |
Share price of the company witnessed upward rally in the last trading session even as share markets remained volatile.
More Views on NewsAjit Dayal on how India's vaccine strategy will impact the markets.
In this video I tell you the three Nifty ETFs I think are the best.
Narayana Murthy was one of the first unicorn founders to get the backing of this entity...
There is no stopping this 11-bagger stock from significant upside.
In this video, I'll you what I think is the real reason behind yesterday's market crash.
More
Equitymaster requests your view! Post a comment on "Higher operating margins drive net profits". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!