20 Jul 2019 | 7:25 AM

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COMPANYNEWS
Prism Johnson Q4 net profit down 20.75% at Rs 49.72 cr
  Prism Johnson Ltd. | 19 Jul 2019 | 04:01 PM
Published on 05-10-2019
The company reported standalone net profit of Rs 49.72 crore for the quarter ended March 31 2019 as compared to Rs 62.74 crore in the same period last year registering a year-on-year decline of 20.75 per cent.


Net revenue of the company rose marginally by 3.84 per cent at Rs 1669.85 crore in January-March quarter of this fiscal as against Rs 1608.06 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 3.73 per cent to Rs 1498.30 crore from Rs 1444.40 crore in year ago period.


Other Income dipped by 35.52 per cent at Rs 3.14 crore versus (Mar`18 Rs 4.87 crore).


Operating Profit surged by 9.00 per cent to Rs 184.49 crore as against Rs 169.26 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 4.94 per cent in March quarter.


Interest declined by 7.03 per cent y-o-y to Rs 42.07 crore while Taxation increased by 48.84 per cent at Rs 40.59 crore (Mar`18 Rs 27.27 crore).