MICO has reported a net profit growth of 51% for FY2000. - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  
  • Home
  • Outlook Arena
  • Mar 24, 2000 - MICO has reported a net profit growth of 51% for FY2000.

MICO has reported a net profit growth of 51% for FY2000.

Mar 24, 2000

MICO has reported a net profit of Rs 1,058 m in FY2000, a growth of 51.4% YOY. Its operating margins have improved from 16% in FY99 to 17% in FY2000 The main drivers to profits are a sales growth of 16%, other income jump of 34% and interest costs which have fallen by 91%.

(Rs m) FY1999* FY2000* Change
Sales 12,982 15,100 16.3%
Other Income 323 433 34.2%
Expenditure 10,840 12,598 16.2%
Operating Profit (EBDIT) 2,142 2,502 16.8%
Operating Profit Margin (%) 16% 17%  
Interest 82 7 -91.4%
Depreciation 1,374 1,377 0.3%
Profit before Tax 1,009 1,551 53.7%
Other Adjustments 170 157 -7.6%
Tax 480 650 35.4%
Profit after Tax/(Loss) 699 1,058 51.4%
Net profit margin (%) 5.4% 7.0%  
* Year ending 31st December

Equitymaster requests your view! Post a comment on "MICO has reported a net profit growth of 51% for FY2000.". Click here!

  

More Views on News

The Top 6 Artificial Intelligence Plays in India (Views On News)

Dec 6, 2021

Investors looking to tap into AI theme need to keep an eye on tech firm leveraging the power of AI are making things possible.

BOSCH 2020-21 Annual Report Analysis (Annual Result Update)

Aug 10, 2021 | Updated on Aug 10, 2021

Here's an analysis of the annual report of BOSCH for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of BOSCH. Also includes updates on the valuation of BOSCH.

BOSCH Announces Quarterly Results (1QFY22); Net Profit Up 315.0% (Quarterly Result Update)

Aug 5, 2021 | Updated on Aug 5, 2021

For the quarter ended June 2021, BOSCH has posted a net profit of Rs 3 bn (up 315.0% YoY). Sales on the other hand came in at Rs 24 bn (up 146.4% YoY). Read on for a complete analysis of BOSCH's quarterly results.

Top 4 Auto Ancillary Stocks to Watch out for in the EV Space (Views On News)

Jan 6, 2022

With the automobile industry transitioning towards electric mobility, these auto ancillary companies are set to witness robust growth in the years to come.

India's Top EV Battery Makers are set for Sky High Returns (Views On News)

Sep 30, 2021

These 5 leading EV battery makers are poised to transform India's EV ecosystem.

More Views on News

Most Popular

Tata Steel vs SAIL: Which Stock is Better? (Views On News)

Jan 13, 2022

With government initiatives set to boost the steel sector, find out who has a better chance of coming out on top.

These 5 Penny Stocks are Held by Rakesh Jhunjhunwala. Worth a Look? (Views On News)

Jan 18, 2022

Rakesh Jhunjhunwala is holding these penny stocks in his portfolio for several years now.

Tech Mahindra's CTC Acquisition: Too Expensive? (Views On News)

Jan 18, 2022

Tech Mahindra's acquisition of European IT-company fails to excite investors.

Time to Buy Energy Stocks (Fast Profits Daily)

Jan 14, 2022

Energy is a sector that looks set to take off. It's time to get in.

5 Hidden Tata Group Companies to Add to Your Watchlist (Views On News)

Jan 18, 2022

Here's all you need to know about these five Tata group stocks that aren't as popular as the others.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

BOSCH SHARE PRICE


Jan 25, 2022 (Close)

TRACK BOSCH

BOSCH - LUMAX AUTO TECHNO COMPARISON

COMPARE BOSCH WITH

MARKET STATS