20 Jun 2019 | 3:46 PM

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COMPANYNEWS
Bright Brothers Q4 net profit zooms 176.32% at Rs 1.05 cr
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Published on 05-21-2019
The company reported standalone net profit of Rs 1.05 crore for the quarter ended March 31 2019 as compared to Rs 0.38 crore in the same period last year registering a year-on-year growth of 176.32 per cent.


Net revenue of the company declined marginally by 4.14 per cent at Rs 53.67 crore in January-March quarter of this fiscal as against Rs 55.99 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 6.26 per cent to Rs 49.68 crore from Rs 53.00 crore in year ago period.


Other Income dipped by 6.67 per cent at Rs 0.14 crore versus (Mar`18 Rs 0.15 crore).


Operating Profit surged by 33.44 per cent to Rs 3.99 crore as against Rs 2.99 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 39.14 per cent in March quarter.


Interest declined by 3.21 per cent y-o-y to Rs 1.51 crore while Taxation increased by 0.00 per cent at Rs 0.10 crore (Mar`18 Rs 0.00 crore).