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( 23 Oct 2021)
Zenotech Laboratorie posts Q2 net profit of Rs 0.95 cr

The company reported standalone net profit during the quarter stood at Rs 0.95 crore compared to net loss of Rs 2.07 crore in the previous year quarter.

Net revenue of the company rose triple digit by 136.73 per cent at Rs 6.96 crore in July-September quarter of this fiscal as against Rs 2.94 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 27.39 per cent to Rs 4.93 crore from Rs 3.87 crore in year ago period.

Other Income grew by 2.94 per cent at Rs 1.05 crore versus (Sep'20 Rs 1.02 crore).

Operating Profit surged by 319.35 per cent to Rs 2.04 crore as against Rs -0.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 192.41 per cent in September quarter.

Interest declined by 28.26 per cent y-o-y to Rs 0.33 crore