27 May 2019 | 12:27 AM

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COMPANYNEWS
KRBL Q4 net profit jumps 42.41% at Rs 136.83 cr
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Published on 05-15-2019
The company reported standalone net profit of Rs 136.83 crore for the quarter ended March 31 2019 as compared to Rs 96.08 crore in the same period last year registering a year-on-year growth of 42.41 per cent.


Net revenue of the company rose substantially by 36.59 per cent at Rs 1196.03 crore in January-March quarter of this fiscal as against Rs 875.65 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 44.23 per cent to Rs 967.07 crore from Rs 670.49 crore in year ago period.


Other Income dipped by 37.28 per cent at Rs 3.28 crore versus (Mar`18 Rs 5.23 crore).


Operating Profit surged by 11.60 per cent to Rs 228.96 crore as against Rs 205.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 18.31 per cent in March quarter.


Interest declined by 32.78 per cent y-o-y to Rs 21.20 crore while Taxation decreased by 11.12 per cent at Rs 58.89 crore (Mar`18 Rs 66.26 crore).