20 Jul 2019 | 8:02 PM

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COMPANYNEWS
Prism Johnson Q4 net profit down 10.56% at Rs 62.74 cr
  Prism Johnson Ltd. | 19 Jul 2019 | 04:01 PM
Published on 05-29-2018
The company reported standalone net profit of Rs 62.74 crore for the quarter ended March 31 2018 as compared to Rs 70.15 crore in the same period last year registering a year-on-year decline of 10.56 per cent.


Net revenue of the company rose moderately by 13.36 per cent at Rs 1608.06 crore in January-March quarter of this fiscal as against Rs 1418.57 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 10.91 per cent to Rs 1444.40 crore from Rs 1302.28 crore in year ago period.


Other Income dipped by 82.39 per cent at Rs 4.87 crore versus (Mar'17 Rs 27.66 crore).


Operating Profit surged by 41.20 per cent to Rs 169.26 crore as against Rs 119.87 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 24.62 per cent in March quarter.


Interest grew by 31.58 per cent y-o-y to Rs 45.25 crore while Taxation increased by 655.40 per cent at Rs 27.27 crore (Mar'17 Rs 3.61 crore).