16 Jul 2019 | 4:48 PM


Pasupati Acrylon Q4 net profit down 5.68% at Rs 5.98 cr
  Pasupati Acrylon Ltd. | 16 Jul 2019 | 04:01 PM
Published on 05-25-2019
The company reported standalone net profit of Rs 5.98 crore for the quarter ended March 31 2019 as compared to Rs 6.34 crore in the same period last year registering a year-on-year decline of 5.68 per cent.

Net revenue of the company rose substantially by 20.41 per cent at Rs 213.13 crore in January-March quarter of this fiscal as against Rs 177.00 crore in the corresponding period last year.

During January-March quarter operating expenses increased by 27.33 per cent to Rs 202.12 crore from Rs 158.74 crore in year ago period.

Other Income grew by 221.33 per cent at Rs 2.41 crore versus (Mar`18 Rs 0.75 crore).

Operating Profit slipped by 39.70 per cent to Rs 11.01 crore as against Rs 18.26 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 49.90 per cent in March quarter.

Interest grew by 50.82 per cent y-o-y to Rs 1.84 crore while Taxation increased by 15.38 per cent at Rs 4.05 crore (Mar`18 Rs 3.51 crore).