17 Jul 2019 | 6:55 AM


Optiemus Infracom Q4 net profit zooms 507.37% at Rs 18.95 cr
  Optiemus Infracom Ltd. | 16 Jul 2019 | 04:01 PM
Published on 05-31-2018
The company reported standalone net profit of Rs 18.95 crore for the quarter ended March 31 2018 as compared to Rs 3.12 crore in the same period last year registering a year-on-year growth of 507.37 per cent.

Net revenue of the company rose substantially by 39.20 per cent at Rs 293.40 crore in January-March quarter of this fiscal as against Rs 210.78 crore in the corresponding period last year.

During January-March quarter operating expenses increased by 24.35 per cent to Rs 258.58 crore from Rs 207.94 crore in year ago period.

Other Income dipped by 71.26 per cent at Rs 7.81 crore versus (Mar'17 Rs 27.17 crore).

Operating Profit surged by 1126.06 per cent to Rs 34.82 crore as against Rs 2.84 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 779.26 per cent in March quarter.

Interest declined by 54.81 per cent y-o-y to Rs 10.25 crore while Taxation increased by 14028.57 per cent at Rs 9.89 crore (Mar'17 Rs 0.07 crore).