05 Jul 2020 | 9:47 PM

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CLC Industries posts Q4 net profit of Rs 4.92 cr
  CLC Industries Ltd. | 15 Jan 2020 | 04:01 PM
Published on 06-03-2019
The company reported standalone net profit during the quarter stood at Rs 4.92 crore compared to net loss of Rs 27.55 crore in the previous year quarter.


Net revenue of the company declined substantially by 72.84 per cent at Rs 28.87 crore in January-March quarter of this fiscal as against Rs 106.30 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 46.20 per cent to Rs 61.45 crore from Rs 114.21 crore in year ago period.


Other Income grew by 327.56 per cent at Rs 41.26 crore versus (Mar`18 Rs 9.65 crore).


Operating Profit surged by 312.53 per cent to Rs -32.59 crore as against Rs -7.90 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 1417.20 per cent in March quarter.


Interest grew by 21.36 per cent y-o-y to Rs 1.25 crore