Machino Plastics reports a net jump of 105% - Views on News from Equitymaster

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Machino Plastics reports a net jump of 105%

Feb 1, 2000

Machino Plastics Ltd has reported a net of Rs 12.4 m a growth of 105% in the 3QFY2000. The main drivers to net profit are sales growth of 30%, higher other income and lower interest costs

(Rs m) 3QFY2000 3QFY1999 Change
Sales 102.4 78.9 29.7%
Other Income 5.2 0.1 6400.0%
Total expenditure 77.7 57.7 34.7%
Interest 5.4 6.1 -12.1%
Depreciation 12.1 7.7 56.8%
Profit before Tax 12.4 7.4 66.7%
Tax - 1.4 -100.0%
Profit after Tax/(Loss) 12.4 6.0 105.1%
Net profit margin (%) 11.5% 7.6%  

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