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Jain Marmo Indus Q4 net profit down 33.33% at Rs 0.06 cr
  Jain Marmo Industries Ltd. | 13 Dec 2019 | 04:01 PM
Published on 05-31-2019
The company reported standalone net profit of Rs 0.06 crore for the quarter ended March 31 2019 as compared to Rs 0.09 crore in the same period last year registering a year-on-year decline of 33.33 per cent.


Net revenue of the company declined substantially by 24.48 per cent at Rs 1.08 crore in January-March quarter of this fiscal as against Rs 1.43 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 26.05 per cent to Rs 0.88 crore from Rs 1.19 crore in year ago period.


Operating Profit slipped by 12.50 per cent to Rs 0.21 crore as against Rs 0.24 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 12.67 per cent in March quarter.


Interest declined by 22.22 per cent y-o-y to Rs 0.07 crore while Taxation increased by 50.00 per cent at Rs 0.03 crore (Mar`18 Rs 0.02 crore).