20 Jun 2019 | 3:47 PM

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COMPANYNEWS
Hind. Hardy Spic Q4 net profit down 70.67% at Rs 0.22 cr
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Published on 05-21-2019
The company reported standalone net profit of Rs 0.22 crore for the quarter ended March 31 2019 as compared to Rs 0.75 crore in the same period last year registering a year-on-year decline of 70.67 per cent.


Net revenue of the company rose moderately by 10.43 per cent at Rs 13.23 crore in January-March quarter of this fiscal as against Rs 11.98 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 14.09 per cent to Rs 12.39 crore from Rs 10.86 crore in year ago period.


Other Income dipped by 96.00 per cent at Rs 0.01 crore versus (Mar`18 Rs 0.25 crore).


Operating Profit slipped by 25.00 per cent to Rs 0.84 crore as against Rs 1.12 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 32.05 per cent in March quarter.


Interest declined by 27.27 per cent y-o-y to Rs 0.08 crore while Taxation decreased by 41.18 per cent at Rs 0.20 crore (Mar`18 Rs 0.34 crore).