20 Jun 2019 | 3:50 PM

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COMPANYNEWS
Mitshi India L Q4 net profit zooms 140.00% at Rs 0.48 cr
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Published on 05-27-2019
The company reported standalone net profit of Rs 0.48 crore for the quarter ended March 31 2019 as compared to Rs 0.20 crore in the same period last year registering a year-on-year growth of 140.00 per cent.


Net revenue of the company rose substantially by 79.44 per cent at Rs 1.92 crore in January-March quarter of this fiscal as against Rs 1.07 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 33.68 per cent to Rs 1.27 crore from Rs 0.95 crore in year ago period.


Operating Profit surged by 441.67 per cent to Rs 0.65 crore as against Rs 0.12 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 200.71 per cent in March quarter.


Taxation increased by 0.00 per cent at Rs 0.18 crore (Mar`18 Rs 0.00 crore).