Avon Orgaincs posts 118% jump in net - Views on News from Equitymaster

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Avon Orgaincs posts 118% jump in net

Jan 31, 2000

Avon Orgaincs has posted a 118% growth in net profits during the quarter ended 31st December 1999. The company has benefited from a sharp rise in net sales and a decline in interest expenditure.

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 68.0 48.3 40.7%
Other Income 0.3 - NM
Expenditure 45.7 29.3 55.8%
Interest 8.1 9.1 -10.3%
Depreciation 7.0 6.5 8.5%
Profit before Tax 7.4 3.4 117.5%
Tax - -  
Profit after Tax/(Loss) 7.4 3.4 117.5%
Net profit margin (%) 10.9% 7.1%  

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