16 Dec 2019 | 11:05 AM

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COMPANYNEWS
Central Depository Q4 net profit up 24.71% at Rs 24.43 cr
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Published on 05-04-2019
The company reported standalone net profit of Rs 24.43 crore for the quarter ended March 31 2019 as compared to Rs 19.59 crore in the same period last year registering a year-on-year growth of 24.71 per cent.


Net revenue of the company declined moderately by 9.64 per cent at Rs 37.89 crore in January-March quarter of this fiscal as against Rs 41.93 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 1.67 per cent to Rs 18.22 crore from Rs 18.53 crore in year ago period.


Other Income grew by 89.31 per cent at Rs 13.10 crore versus (Mar`18 Rs 6.92 crore).


Operating Profit slipped by 15.94 per cent to Rs 19.67 crore as against Rs 23.40 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 6.99 per cent in March quarter.


Taxation decreased by 23.98 per cent at Rs 6.31 crore (Mar`18 Rs 8.30 crore).