Opto Circuits Q1 net profit up 19% to Rs 138 cr

Opto Circuits' consolidated net profit rose 18.6% year-on-year to Rs 138 crore in the quarter ended June 2012.

Source: Moneycontrol.com

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Opto Circuits ' consolidated net profit rose 18.6% year-on-year to Rs 138 crore in the quarter ended June 2012.

Consolidated net sales increased 37% to Rs 715 crore from Rs 521 crore during the same period.

Total expenses went up 38.7% YoY to Rs 544.7 crore in the April-June quarter of financial year 2012-13.

Finance cost and tax expenses jumped significantly to Rs 18.66 crore from Rs 10.93 crore and to Rs 14.95 crore from Rs 5.75 crore YoY.

The company earned other income of Rs 2 crore in the first quarter of FY13.

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