27 May 2019 | 12:30 AM

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COMPANYNEWS
Trent Q4 net profit up 36.79% at Rs 15.95 cr
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Published on 04-29-2019
The company reported standalone net profit of Rs 15.95 crore for the quarter ended March 31 2019 as compared to Rs 11.66 crore in the same period last year registering a year-on-year growth of 36.79 per cent.


Net revenue of the company rose substantially by 26.47 per cent at Rs 668.67 crore in January-March quarter of this fiscal as against Rs 528.72 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 26.02 per cent to Rs 634.91 crore from Rs 503.81 crore in year ago period.


Other Income dipped by 16.00 per cent at Rs 8.82 crore versus (Mar`18 Rs 10.50 crore).


Operating Profit surged by 35.53 per cent to Rs 33.76 crore as against Rs 24.91 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 7.22 per cent in March quarter.


Interest grew by 37.30 per cent y-o-y to Rs 10.27 crore while Taxation decreased by 53.98 per cent at Rs 2.37 crore (Mar`18 Rs 5.15 crore).