RDB Industries Q3 net profit up 27%; other income up 300%
RDB Industries Ltd’s October-December net profit rose 27.08 per cent to Rs 92.48 crore compared with Rs 77.85 crore in the same quarter of the previous year.
By INDIATIMES NEWS NETWORK |
MUMBAI: RDB Industries Ltd’s October-December net profit rose 27.08 per cent to Rs 92.48 crore compared with Rs 77.85 crore in the same quarter of the previous year.
This, despite 45.20 per cent fall in net sales to Rs 4.28 crore from Rs 7.81 crore in the same quarter year earlier.
Total income for the quarter at Rs 8.17 crore (previous year Rs 8.82 crore) got a boost from a near 300 per cent jump in other income to Rs 3.89 crore from Rs 1.01 crore year earlier.
This did not go well with the company’s share. At 10:47 am, RDB Industries shares were down 1.68 per cent at Rs 237 on BSE.
This, despite 45.20 per cent fall in net sales to Rs 4.28 crore from Rs 7.81 crore in the same quarter year earlier.
Total income for the quarter at Rs 8.17 crore (previous year Rs 8.82 crore) got a boost from a near 300 per cent jump in other income to Rs 3.89 crore from Rs 1.01 crore year earlier.
This did not go well with the company’s share. At 10:47 am, RDB Industries shares were down 1.68 per cent at Rs 237 on BSE.
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