25 Jun 2019 | 10:22 PM

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COMPANYNEWS
ADF Foods Q4 net profit up 35.38% at Rs 10.37 cr
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Published on 05-23-2019
The company reported standalone net profit of Rs 10.37 crore for the quarter ended March 31 2019 as compared to Rs 7.66 crore in the same period last year registering a year-on-year growth of 35.38 per cent.


Net revenue of the company rose moderately by 11.14 per cent at Rs 51.96 crore in January-March quarter of this fiscal as against Rs 46.75 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 5.03 per cent to Rs 40.51 crore from Rs 38.57 crore in year ago period.


Other Income grew by 96.98 per cent at Rs 5.22 crore versus (Mar`18 Rs 2.65 crore).


Operating Profit surged by 39.80 per cent to Rs 11.45 crore as against Rs 8.19 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 25.81 per cent in March quarter.


Interest grew by 35.29 per cent y-o-y to Rs 0.23 crore while Taxation increased by 154.59 per cent at Rs 4.99 crore (Mar`18 Rs 1.96 crore).