17 Jul 2019 | 6:56 AM

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COMPANYNEWS
Prism Johnson Q3 net profit up 28.08% at Rs 19.02 cr
  Prism Johnson Ltd. | 16 Jul 2019 | 04:01 PM
Published on 02-06-2019
The company reported standalone net profit of Rs 19.02 crore for the quarter ended December 31 2018 as compared to Rs 14.85 crore in the same period last year registering a year-on-year growth of 28.08 per cent.


Net revenue of the company rose moderately by 10.65 per cent at Rs 1434.43 crore in October-December quarter of this fiscal as against Rs 1296.32 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 9.61 per cent to Rs 1330.81 crore from Rs 1214.12 crore in year ago period.


Other Income dipped by 82.06 per cent at Rs 2.35 crore versus (Dec`17 Rs 13.10 crore).


Operating Profit surged by 20.19 per cent to Rs 109.01 crore as against Rs 90.70 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 8.57 per cent in December quarter.


Interest declined by 10.39 per cent y-o-y to Rs 43.66 crore while Taxation increased by 0.00 per cent at Rs 8.69 crore (Dec`17 Rs 0.00 crore).