Sierra Optima reports 42% growth in bottomline - Views on News from Equitymaster

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Sierra Optima reports 42% growth in bottomline

Jan 22, 2000

Sierra Optima has done well in the current quarter. While the topline has improved by 27.8%, the bottomline has improved 42%. This is primarily due to improvement in operating margins and a reduction in interest costs.

(Rs m) 3QFY2000 3QFY1999 Change
Income from Operations 50.9 39.8 27.8%
Other Income 0.2 0.4 -56.6%
Expenditure 31.2 25.6 21.9%
Interest 0.1 0.4 -83.9%
Depreciation 4.3 3.2 35.2%
Profit before Tax 15.5 10.9 42.2%
Tax 0.2 0.2 0.0%
Profit after Tax/(Loss) 15.3 10.7 42.1%
Net profit margin (%) 30.0% 27.0%  

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