25 Jun 2019 | 10:21 PM

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COMPANYNEWS
W H Brady & Co. Q4 net profit down 24.74% at Rs 0.73 cr
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Published on 05-21-2019
The company reported standalone net profit of Rs 0.73 crore for the quarter ended March 31 2019 as compared to Rs 0.97 crore in the same period last year registering a year-on-year decline of 24.74 per cent.


Net revenue of the company declined by 0.00 per cent at Rs 5.65 crore in January-March quarter of this fiscal as against Rs 5.65 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 19.56 per cent to Rs 4.34 crore from Rs 3.63 crore in year ago period.


Other Income grew by 300.00 per cent at Rs 0.04 crore versus (Mar`18 Rs 0.01 crore).


Operating Profit slipped by 35.15 per cent to Rs 1.31 crore as against Rs 2.02 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 35.07 per cent in March quarter.


Interest declined by 82.54 per cent y-o-y to Rs 0.11 crore while Taxation increased by 0.00 per cent at Rs 0.20 crore (Mar`18 Rs 0.20 crore).