16 Jul 2019 | 4:47 PM

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COMPANYNEWS
Atul Auto Ltd Q4 net profit up 0.77% at Rs 11.78 cr
  Atul Auto Ltd. | 16 Jul 2019 | 04:01 PM
Published on 05-25-2019
The company reported standalone net profit of Rs 11.78 crore for the quarter ended March 31 2019 as compared to Rs 11.69 crore in the same period last year registering a year-on-year growth of 0.77 per cent.


Net revenue of the company rose moderately by 10.97 per cent at Rs 165.19 crore in January-March quarter of this fiscal as against Rs 148.86 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 11.63 per cent to Rs 147.94 crore from Rs 132.53 crore in year ago period.


Other Income dipped by 52.04 per cent at Rs 0.47 crore versus (Mar`18 Rs 0.98 crore).


Operating Profit surged by 4.71 per cent to Rs 18.90 crore as against Rs 18.05 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 5.69 per cent in March quarter.


Interest grew by 25.00 per cent y-o-y to Rs 0.15 crore while Taxation increased by 1.86 per cent at Rs 6.01 crore (Mar`18 Rs 5.90 crore).