25 Jun 2019 | 10:28 PM

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COMPANYNEWS
Indo Amines Limi Q4 net profit up 38.73% at Rs 5.23 cr
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Published on 05-27-2019
The company reported standalone net profit of Rs 5.23 crore for the quarter ended March 31 2019 as compared to Rs 3.77 crore in the same period last year registering a year-on-year growth of 38.73 per cent.


Net revenue of the company rose substantially by 48.27 per cent at Rs 133.01 crore in January-March quarter of this fiscal as against Rs 89.71 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 50.28 per cent to Rs 120.06 crore from Rs 79.89 crore in year ago period.


Other Income grew by 469.23 per cent at Rs 0.74 crore versus (Mar`18 Rs 0.13 crore).


Operating Profit surged by 32.01 per cent to Rs 12.95 crore as against Rs 9.81 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 10.97 per cent in March quarter.


Interest grew by 48.00 per cent y-o-y to Rs 1.85 crore while Taxation increased by 54.60 per cent at Rs 2.52 crore (Mar`18 Rs 1.63 crore).