25 Jun 2019 | 10:29 PM

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COMPANYNEWS
Dollar Industries Q4 net profit up 21.03% at Rs 22.56 cr
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Published on 05-27-2019
The company reported standalone net profit of Rs 22.56 crore for the quarter ended March 31 2019 as compared to Rs 18.64 crore in the same period last year registering a year-on-year growth of 21.03 per cent.


Net revenue of the company rose by 0.06 per cent at Rs 297.80 crore in January-March quarter of this fiscal as against Rs 297.63 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 0.75 per cent to Rs 263.40 crore from Rs 265.40 crore in year ago period.


Other Income dipped by 7.89 per cent at Rs 0.70 crore versus (Mar`18 Rs 0.76 crore).


Operating Profit surged by 6.73 per cent to Rs 34.40 crore as against Rs 32.23 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 6.65 per cent in March quarter.


Interest grew by 38.53 per cent y-o-y to Rs 4.89 crore while Taxation decreased by 35.66 per cent at Rs 4.98 crore (Mar`18 Rs 7.74 crore).