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Kalpataru Power's net decline 5.3% - Views on News from Equitymaster
Kalpataru Power has witnessed an erosion in its bottomline during the quarter ended 31st December 1999. The company has recorded a rise in expenditure resulting in thinner margins. However the decline in interest expenditure has limited the drop in the net profits.
(Rs m)
3QFY2000
3QFY1999
Change
Sales
398
390
2.1%
Other Income
0
1
-90.9%
Expenditure
329
318
3.4%
Interest
12
13
-8.5%
Depreciation
7
7
3.0%
Profit before Tax
50
53
-5.3%
Tax
-
-
Profit after Tax/(Loss)
50
53
-5.3%
Net profit margin (%)
12.7%
13.7%
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