25 Jun 2019 | 10:20 PM

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COMPANYNEWS
Twentyfirst Cent Q4 net profit up 35.94% at Rs 1.74 cr
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Published on 05-23-2019
The company reported standalone net profit of Rs 1.74 crore for the quarter ended March 31 2019 as compared to Rs 1.28 crore in the same period last year registering a year-on-year growth of 35.94 per cent.


Net revenue of the company rose triple digit by 135.38 per cent at Rs 1.79 crore in January-March quarter of this fiscal as against Rs -5.06 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 107.21 per cent to Rs 0.41 crore from Rs -5.69 crore in year ago period.


Other Income dipped by 150.00 per cent at Rs -0.01 crore versus (Mar`18 Rs 0.02 crore).


Operating Profit surged by 119.05 per cent to Rs 1.38 crore as against Rs 0.63 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 723.61 per cent in March quarter.


Taxation decreased by 40.58 per cent at Rs -0.41 crore (Mar`18 Rs -0.69 crore).