25 Jun 2019 | 10:29 PM

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COMPANYNEWS
Surya Roshni Ltd Q4 net profit up 19.15% at Rs 44.11 cr
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Published on 05-21-2019
The company reported standalone net profit of Rs 44.11 crore for the quarter ended March 31 2019 as compared to Rs 37.02 crore in the same period last year registering a year-on-year growth of 19.15 per cent.


Net revenue of the company rose moderately by 19.68 per cent at Rs 1706.49 crore in January-March quarter of this fiscal as against Rs 1425.85 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 19.96 per cent to Rs 1588.37 crore from Rs 1324.09 crore in year ago period.


Other Income grew by 16.00 per cent at Rs 1.74 crore versus (Mar`18 Rs 1.50 crore).


Operating Profit surged by 16.08 per cent to Rs 118.12 crore as against Rs 101.76 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 3.08 per cent in March quarter.


Interest grew by 13.36 per cent y-o-y to Rs 31.40 crore while Taxation increased by 32.68 per cent at Rs 21.52 crore (Mar`18 Rs 16.22 crore).