Indo Asian Fusegear net up 44% - Views on News from Equitymaster

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Indo Asian Fusegear net up 44%

Jan 29, 2000

Indo Asian Fusegear has recorded net profit growth of 43.7% to Rs 4 m. Sales clocked 65.8% growth to Rs 154 m.However, the company's margins fell the pressure of a Rs 2 m provision for income tax.

(Rs m) 3QFY2000 3QFY1999 Change
Net sales 154 93 65.8%
Other Income 0 0 35.6%
Total Expenditure 134 78 72.9%
Interest 12 8 47.9%
Depreciation 4 4 -3.7%
Profit before Tax 6 3 80.6%
Tax 2 0 517.5%
Profit after Tax/(Loss) 4 3 43.7%
Net profit margin (%) 2.6% 3.0%  

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