27 Jun 2019 | 1:13 PM

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COMPANYNEWS
RDB Rasayans Q4 net profit up 10.53% at Rs 1.47 cr
  RDB Rasayans Ltd. | 27 Jun 2019 | 12:25 PM
Published on 05-31-2018
The company reported standalone net profit of Rs 1.47 crore for the quarter ended March 31 2018 as compared to Rs 1.33 crore in the same period last year registering a year-on-year growth of 10.53 per cent.


Net revenue of the company rose moderately by 11.15 per cent at Rs 20.64 crore in January-March quarter of this fiscal as against Rs 18.57 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 18.55 per cent to Rs 20.90 crore from Rs 17.63 crore in year ago period.


Other Income grew by 131.17 per cent at Rs 3.56 crore versus (Mar'17 Rs 1.54 crore).


Operating Profit slipped by 127.66 per cent to Rs -0.26 crore as against Rs 0.94 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 124.95 per cent in March quarter.


Interest grew by 128.57 per cent y-o-y to Rs 0.48 crore while Taxation increased by 49.32 per cent at Rs 1.09 crore (Mar'17 Rs 0.73 crore).