DSQ profit dips 40

Net sales of the company has registered only a marginal 5.5 per cent increase at Rs 100.25 crore Rs 94.96 crore. Total expenditure has gone up to Rs 65.22 crore Rs 63.48 crore. Interest charges were higher at Rs 8.02 crore Rs 5.41 crore during the first half of the current fiscal. Gross profit after interest but before depreciation and taxation was Rs 27.31 crore Rs 26.25 crore. The paid-up equityshare capital of the company stood at Rs 20.25 crore.

Since the systems, procedures and operations of the company are Y2K compliant, there will not be any adverse impact on account of millennium issue, the company release said.