TNPETRO Q2 : STANDALONE NET PROFIT UP 95.0% AT ₹62.54 CR (YOY), DOWN 19.2% (QOQ). STRONG (ON 1ST LOOK)

Revenue up 102.8% at ₹941.63 Cr (YOY), up 20.1% (QOQ). Net profit up 95.0% at ₹62.54 Cr (YOY), down 19.2% (QOQ). Net margin 6.6% v 6.9% (YOY), 9.9% (QOQ). Caution: land lease for one manufacturing unit expired June 2020; renewal pending, no adjustment made in results.

Tamilnadu Petroproducts Ltd

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