20 Jun 2019 | 3:50 PM

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COMPANYNEWS
Alkyl Amines Che Q4 net profit down 24.68% at Rs 17.55 cr
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Published on 05-21-2019
The company reported standalone net profit of Rs 17.55 crore for the quarter ended March 31 2019 as compared to Rs 23.30 crore in the same period last year registering a year-on-year decline of 24.68 per cent.


Net revenue of the company rose substantially by 36.41 per cent at Rs 237.45 crore in January-March quarter of this fiscal as against Rs 174.07 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 48.93 per cent to Rs 199.07 crore from Rs 133.67 crore in year ago period.


Other Income grew by 373.53 per cent at Rs 1.61 crore versus (Mar`18 Rs 0.34 crore).


Operating Profit slipped by 5.00 per cent to Rs 38.38 crore as against Rs 40.40 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 30.37 per cent in March quarter.


Interest grew by 31.75 per cent y-o-y to Rs 3.32 crore while Taxation increased by 15.74 per cent at Rs 12.65 crore (Mar`18 Rs 10.93 crore).