25 Jun 2019 | 10:26 PM

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COMPANYNEWS
Wintac posts Q4 net profit of Rs 4.40 cr
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Published on 05-22-2019
The company reported standalone net profit during the quarter stood at Rs 4.40 crore compared to net loss of Rs 5.19 crore in the previous year quarter.


Net revenue of the company rose triple digit by 136.83 per cent at Rs 25.27 crore in January-March quarter of this fiscal as against Rs 10.67 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 38.31 per cent to Rs 20.00 crore from Rs 14.46 crore in year ago period.


Other Income grew by 27.87 per cent at Rs 0.78 crore versus (Mar`18 Rs 0.61 crore).


Operating Profit surged by 238.68 per cent to Rs 5.27 crore as against Rs -3.80 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 158.63 per cent in March quarter.


Interest declined by 66.67 per cent y-o-y to Rs 0.10 crore while Taxation decreased by 48.05 per cent at Rs 0.40 crore (Mar`18 Rs 0.77 crore).