27 Jun 2019 | 1:18 PM

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Ausom Enterprise Q4 net profit down 17.83% at Rs 8.85 cr
  Ausom Enterprise Ltd. | 26 Jun 2019 | 04:01 PM
Published on 05-24-2019
The company reported standalone net profit of Rs 8.85 crore for the quarter ended March 31 2019 as compared to Rs 10.77 crore in the same period last year registering a year-on-year decline of 17.83 per cent.


Net revenue of the company rose triple digit by 152.83 per cent at Rs 331.06 crore in January-March quarter of this fiscal as against Rs 130.94 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 167.81 per cent to Rs 322.10 crore from Rs 120.27 crore in year ago period.


Other Income grew by 115.34 per cent at Rs 3.79 crore versus (Mar`18 Rs 1.76 crore).


Operating Profit slipped by 16.03 per cent to Rs 8.96 crore as against Rs 10.67 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 66.75 per cent in March quarter.


Interest grew by 353.13 per cent y-o-y to Rs 1.45 crore while Taxation increased by 83.58 per cent at Rs 2.46 crore (Mar`18 Rs 1.34 crore).