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Atco Industries posts 27% growth in topline - Views on News from Equitymaster

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Atco Industries posts 27% growth in topline

Jan 24, 2000

Atco Industries has posted a 383% jump in net profits during the quarter ended 31st December 1999. The company has benefited from a sharp improvement in operating margins and a decline in interest expenditure. The quality of earnings too has improved as other income as declined to negligible levels.

(Rs m) 3QFY2000 3QFY1999 Change
Sales 376.0 295.9 27.1%
Other Income 0.3 1.9 -86.2%
Total Expenditure 311.1 270.6 14.9%
Interest 12.6 13.4 -5.8%
Depreciation 3.7 3.7 1.4%
Profit before Tax 48.8 10.1 383.2%
Tax - -  
Profit after Tax/(Loss) 48.8 10.1 383.2%
Net profit margin (%) 13.0% 3.4%  


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