25 Jun 2019 | 10:24 PM

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COMPANYNEWS
Rushil Decor Q4 net profit down 57.63% at Rs 3.83 cr
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Published on 05-18-2019
The company reported standalone net profit of Rs 3.83 crore for the quarter ended March 31 2019 as compared to Rs 9.04 crore in the same period last year registering a year-on-year decline of 57.63 per cent.


Net revenue of the company declined marginally by 1.75 per cent at Rs 86.54 crore in January-March quarter of this fiscal as against Rs 88.08 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 10.37 per cent to Rs 77.99 crore from Rs 70.66 crore in year ago period.


Other Income grew by 1332.35 per cent at Rs 4.87 crore versus (Mar`18 Rs 0.34 crore).


Operating Profit slipped by 50.92 per cent to Rs 8.55 crore as against Rs 17.42 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 50.05 per cent in March quarter.


Interest grew by 102.04 per cent y-o-y to Rs 4.95 crore while Taxation decreased by 42.52 per cent at Rs 2.46 crore (Mar`18 Rs 4.28 crore).