26 May 2020 | 12:51 PM

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COMPANYNEWS
Kanchi Karpooram Q4 net profit down 15.91% at Rs 3.91 cr
  Kanchi Karpooram Ltd. | 17 Jan 2020 | 10:51 AM
Published on 05-28-2019
The company reported standalone net profit of Rs 3.91 crore for the quarter ended March 31 2019 as compared to Rs 4.65 crore in the same period last year registering a year-on-year decline of 15.91 per cent.


Net revenue of the company rose moderately by 17.15 per cent at Rs 39.90 crore in January-March quarter of this fiscal as against Rs 34.06 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 22.61 per cent to Rs 33.19 crore from Rs 27.07 crore in year ago period.


Other Income dipped by 59.09 per cent at Rs 0.09 crore versus (Mar`18 Rs 0.22 crore).


Operating Profit slipped by 4.01 per cent to Rs 6.71 crore as against Rs 6.99 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 18.08 per cent in March quarter.


Interest grew by 36.00 per cent y-o-y to Rs 0.34 crore while Taxation increased by 8.61 per cent at Rs 2.27 crore (Mar`18 Rs 2.09 crore).