Rose Zinc net up 4.62% for Jun`07 qtr

Result Analysis: Rose Zinc net up 4.62% for Jun`07 qtr

Rose Zinc disclosed a weak growth in net profit for the quarter ended June 2007. During the quarter, the company saw a 4.62% rise in profit to Rs 1.81 million from Rs 1.73 million in the same quarter last year.

Net sales for the quarter rose 24.06% to Rs 135.57 million compared with the corresponding quarter, a year ago.

Operating margins during the quarter improved to 6.75%, a rise of 45.35 basis points compared with the corresponding quarter last year.

Net margins, during the quarter, fell to 1.33% from 1.58%.

At the closing price of Rs 9.93 on Sep. 24, 2007 at the BSE, the company`s shares were valued at 7.04 times earnings on a trailing twelve month basis.

As at June 2007(3) June 2006(3) %Change
  Rs million Rs million  
Sales of Products/Services 135.57 109.28 24.06
Other Income 0.19 0.12 58.33
Total Income

135.76 109.40 24.10 Total Expenses 126.42 102.40 23.46 Stock Adjustments 0.00 0.00   OPBDIT 9.15 6.88 32.99 Operating Margin(%) 6.75 6.30 45.35 bp* Interest 6.11 3.87 57.88 Depreciation 1.43 1.40 2.14 ExtraOrdinary Items 0.00 0.00   Prior Period Adjustments 0.00 0.00   Provision for Tax 0.00 0.00   After Tax Profit 1.81 1.73 4.62 Net Margin(%) 1.33 1.58 (24.81) bp* EPS in reported Period (Rs) 0.00 0.00  


* bp - basis points      

Leave a Reply