Snowcem posts 129% jump in net - Views on News from Equitymaster

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Snowcem posts 129% jump in net

Oct 29, 1999

Snowcem India has posted a 129% jump in net during the quarter ended 30th September 1999. A surge in net sales and other income was responsible for the jump in profits.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 356 180 97.5%
Other Income 8 4 110.0%
Expenditure 296 149 98.2%
Interest 23 11 104.9%
Depreciation 4 3 32.7%
Profit before Tax 41 21 95.2%
Tax - 3 -100.0%
Profit after Tax 41 18 128.8%
Net profit margin 11.6% 10.0%  

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