25 Jun 2019 | 10:29 PM

News

COMPANYNEWS
Healthcare Global En Q4 net profit down 60.44% at Rs 3.03 cr
  |
Published on 05-23-2019
The company reported standalone net profit of Rs 3.03 crore for the quarter ended March 31 2019 as compared to Rs 7.66 crore in the same period last year registering a year-on-year decline of 60.44 per cent.


Net revenue of the company rose moderately by 8.77 per cent at Rs 165.93 crore in January-March quarter of this fiscal as against Rs 152.55 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 11.41 per cent to Rs 142.34 crore from Rs 127.76 crore in year ago period.


Other Income grew by 54.42 per cent at Rs 6.81 crore versus (Mar`18 Rs 4.41 crore).


Operating Profit slipped by 4.84 per cent to Rs 23.59 crore as against Rs 24.79 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 12.49 per cent in March quarter.


Interest grew by 37.50 per cent y-o-y to Rs 11.66 crore while Taxation decreased by 29.59 per cent at Rs 3.07 crore (Mar`18 Rs 4.36 crore).