21 Jul 2019 | 11:30 PM

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Shakti Press Q4 net profit zooms 863.33% at Rs 2.89 cr
  Shakti Press Ltd. | 03 Aug 2015 | 10:13 AM
Published on 06-06-2019
The company reported standalone net profit of Rs 2.89 crore for the quarter ended March 31 2019 as compared to Rs 0.30 crore in the same period last year registering a year-on-year growth of 863.33 per cent.


Net revenue of the company declined substantially by 36.58 per cent at Rs 3.19 crore in January-March quarter of this fiscal as against Rs 5.03 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 60.42 per cent to Rs 4.69 crore from Rs 11.85 crore in year ago period.


Other Income dipped by 38.18 per cent at Rs 4.68 crore versus (Mar`18 Rs 7.57 crore).


Operating Profit slipped by 78.01 per cent to Rs -1.50 crore as against Rs -6.82 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 65.35 per cent in March quarter.


Interest grew by 145.45 per cent y-o-y to Rs 0.27 crore