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Vam Organics posts 73% decline in net

Nov 1, 1999

Vam Organics has posted a sharp erosion in profits in the quarter ended 30th September 1999. The company has suffered on account of increased operational and interest expenditure.

  2QFY2000 2QFY1999 Change
Net Sales 1,639 1,309 25.2%
Other Income 13 6 119.7%
Expenditure 1,493 1,125 32.7%
Interest 83 67 24.8%
Depreciation 49 42 16.1%
Profit before Tax 27 82 -67.1%
Tax - -  
Profit after Tax 27 82 -66.5%
Net profit margin 1.7% 6.2%  

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