Kalpataru Power Q2 net profits flat at Rs139cr

Kalpataru Power reported 5.72% fall in the Sep-20 quarter top line sales revenues at Rs3,032cr.

November 04, 2020 17:12 IST India Infoline News Service

Kalpataru Power reported 5.72% fall in the Sep-20 quarter top line sales revenues at Rs3,032cr. While the revenues did dip briefly in the Jun-20 quarter, the business appears to almost back to pre-COVID levels in the Sep-20 quarter.


For the Sep-20 quarter, the operating profits were 14.96% lower at Rs2,725cr due to higher cost impact. This also resulted in the operating margin contracting by 104 basis points from 10.60% to 9.56% in the Sep-20 quarter.


Net profits for the Sep-20 quarter were up 1.46% at Rs139cr. This led to the net margins expanding marginally by 32 basis points to 4.58% in Q2.


Financial highlights for Sep-20 compared yoy and sequentially

Kalpataru Power
Rs in Crore Sep-20 Sep-19 YOY Jun-20 QOQ
Revenues 3,032 3,216 -5.72% 2,330 30.13%
Operating Profit 290 341 -14.96% 182 59.34%
Net Profits 139 137 1.46% 28 396.43%
Diluted EPS (Rs) 9.38 8.58 2.88
OPM 9.56% 10.60% 7.81%
Net Margins 4.58% 4.26% 1.20%
 

  

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