20 Jun 2019 | 3:50 PM

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COMPANYNEWS
Acrysil Q4 net profit up 39.52% at Rs 1.73 cr
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Published on 05-23-2019
The company reported standalone net profit of Rs 1.73 crore for the quarter ended March 31 2019 as compared to Rs 1.24 crore in the same period last year registering a year-on-year growth of 39.52 per cent.


Net revenue of the company rose substantially by 25.20 per cent at Rs 49.44 crore in January-March quarter of this fiscal as against Rs 39.49 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 19.49 per cent to Rs 43.90 crore from Rs 36.74 crore in year ago period.


Other Income dipped by 66.92 per cent at Rs 0.86 crore versus (Mar`18 Rs 2.60 crore).


Operating Profit surged by 101.45 per cent to Rs 5.54 crore as against Rs 2.75 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 60.92 per cent in March quarter.


Interest grew by 6.55 per cent y-o-y to Rs 1.79 crore while Taxation increased by 14.08 per cent at Rs 0.81 crore (Mar`18 Rs 0.71 crore).