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Cox & Kings reports 50% fall in Q2 consolidated net profit

Cox & Kings (India) has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 9.06% in its net profit at Rs 40.27 crore for the quarter under review as compared to Rs 44.28 crore for the same quarter in the previous year. However, total income of the company increased by 14.90% at Rs 676.10 crore for Q2FY19 as compared Rs 588.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 50.34% in its net profit at Rs 81.36 crore for the quarter under review as compared to Rs 163.84 crore for the same quarter in the previous year. However, total income of the company increased by 19.56% at Rs 1,890.07 crore for Q2FY19 as compared Rs 1,580.87 crore for the corresponding quarter previous year.

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