17 Jul 2019 | 6:54 AM

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RDB Rasayans Q4 net profit down 95.24% at Rs 0.07 cr
  RDB Rasayans Ltd. | 16 Jul 2019 | 04:01 PM
Published on 05-31-2019
The company reported standalone net profit of Rs 0.07 crore for the quarter ended March 31 2019 as compared to Rs 1.47 crore in the same period last year registering a year-on-year decline of 95.24 per cent.


Net revenue of the company rose marginally by 2.52 per cent at Rs 21.16 crore in January-March quarter of this fiscal as against Rs 20.64 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 9.38 per cent to Rs 22.86 crore from Rs 20.90 crore in year ago period.


Other Income dipped by 34.55 per cent at Rs 2.33 crore versus (Mar`18 Rs 3.56 crore).


Operating Profit surged by 557.69 per cent to Rs -1.71 crore as against Rs -0.26 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 539.68 per cent in March quarter.


Interest declined by 33.33 per cent y-o-y to Rs 0.32 crore while Taxation decreased by 104.59 per cent at Rs -0.05 crore (Mar`18 Rs 1.09 crore).