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Archies: consildating in 2QFY2000

Oct 22, 1999

Greeting cards and Gifts major, Archies Greetings net profit has surged by 83% to Rs 34 m in second quarter ended September 30, 1999. Income from operations also improved by 23% to Rs 191 m. The company's total expenditure during the period stood at Rs Rs 137 m (up 7% over 2QFY99). It is a zero debt entity and hence has no interest burden.

(Rs m) 2QFY2000 2QFY1999 Change
Sales 191 155 23.1%
Other Income 2 1 83.8%
Expenditure 137 128 6.9%
Interest 0 0  
Depreciation 2 2  
Profit before Tax 54 27 100.0%
Tax 20 8 155.2%
Profit after Tax 34 19 82.8%
Net profit margin 17.8% 12.0%  


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