30 May 2020 | 2:13 PM

News

COMPANYNEWS
GRUH Finance Q4 net profit up 18.16% at Rs 130.51 cr
  GRUH Finance Ltd. | 15 Oct 2019 | 03:55 PM
Published on 04-17-2018
The company reported standalone net profit of Rs 130.51 crore for the quarter ended March 31 2018 as compared to Rs 110.45 crore in the same period last year registering a year-on-year growth of 18.16 per cent.


Net revenue of the company rose moderately by 16.39 per cent at Rs 484.31 crore in January-March quarter of this fiscal as against Rs 416.11 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 4.15 per cent to Rs 23.76 crore from Rs 24.79 crore in year ago period.


Operating Profit surged by 17.69 per cent to Rs 460.55 crore as against Rs 391.32 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 1.12 per cent in March quarter.


Interest grew by 9.82 per cent y-o-y to Rs 253.34 crore while Taxation increased by 53.10 per cent at Rs 75.80 crore (Mar'17 Rs 49.51 crore).