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News Details

( As on 06/11/2023 16:31)

GKP Printing & Pack Q2 net profit down 94.12% at Rs 0.02 cr

The company reported standalone net profit of Rs 0.02 crore for the quarter ended September 30, 2023 as compared to Rs 0.34 crore in the same period last year, registering a year-on-year decline of 94.12 per cent.

Net revenue of the company declined substantially by 48.68 per cent at Rs 7.99 crore in July-September quarter of this fiscal as against Rs 15.57 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 48.37 per cent to Rs 7.76 crore from Rs 15.03 crore in year ago period.

Other Income grew by 100.00 per cent at Rs 0.06 crore versus (Sep'22 Rs 0.03 crore).

Operating Profit slipped by 55.56 per cent to Rs 0.24 crore as against Rs 0.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.91 per cent in September quarter.

Interest grew by 175.00 per cent y-o-y to Rs 0.11 crore, while Taxation decreased by 90.00 per cent at Rs 0.01 crore (Sep'22 Rs 0.10 crore).