25 Jun 2019 | 10:29 PM

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COMPANYNEWS
India Cements Capita Q4 net profit down 37.50% at Rs 0.05 cr
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Published on 05-25-2019
The company reported standalone net profit of Rs 0.05 crore for the quarter ended March 31 2019 as compared to Rs 0.08 crore in the same period last year registering a year-on-year decline of 37.50 per cent.


Net revenue of the company declined marginally by 1.92 per cent at Rs 1.02 crore in January-March quarter of this fiscal as against Rs 1.04 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 3.13 per cent to Rs 0.99 crore from Rs 0.96 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.05 crore versus (Mar`18 Rs 0.05 crore).


Operating Profit slipped by 50.00 per cent to Rs 0.04 crore as against Rs 0.08 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 56.05 per cent in March quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore while Taxation decreased by 133.33 per cent at Rs -0.01 crore (Mar`18 Rs 0.03 crore).