20 Jun 2019 | 3:42 PM

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COMPANYNEWS
Prithvi Exchange Q4 net profit up 27.27% at Rs 0.14 cr
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Published on 05-27-2019
The company reported standalone net profit of Rs 0.14 crore for the quarter ended March 31 2019 as compared to Rs 0.11 crore in the same period last year registering a year-on-year growth of 27.27 per cent.


Net revenue of the company rose moderately by 7.73 per cent at Rs 2.37 crore in January-March quarter of this fiscal as against Rs 2.20 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 3.19 per cent to Rs 1.94 crore from Rs 1.88 crore in year ago period.


Other Income grew by 33.33 per cent at Rs 0.28 crore versus (Mar`18 Rs 0.21 crore).


Operating Profit surged by 34.38 per cent to Rs 0.43 crore as against Rs 0.32 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 23.23 per cent in March quarter.


Taxation increased by 41.67 per cent at Rs 0.51 crore (Mar`18 Rs 0.36 crore).