25 Jun 2019 | 10:28 PM


Balgopal Commercial posts Q4 net profit of Rs 0.28 cr
Published on 05-25-2019
The company reported standalone net profit during the quarter stood at Rs 0.28 crore compared to net loss of Rs 1.91 crore in the previous year quarter.

Net revenue of the company rose substantially by 61.59 per cent at Rs 6.90 crore in January-March quarter of this fiscal as against Rs 4.27 crore in the corresponding period last year.

During January-March quarter operating expenses increased by 29.74 per cent to Rs 6.37 crore from Rs 4.91 crore in year ago period.

Other Income dipped by 95.74 per cent at Rs -0.06 crore versus (Mar`18 Rs -1.41 crore).

Operating Profit surged by 182.81 per cent to Rs 0.53 crore as against Rs -0.64 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 151.03 per cent in March quarter.

Taxation increased by 235.71 per cent at Rs 0.19 crore (Mar`18 Rs -0.14 crore).