23 Oct 2020 | 3:13 AM


Kanpur Plasti. Q4 net profit zooms 133.33% at Rs 6.09 cr
  Kanpur Plastipack Ltd. | 17 Jan 2020 | 10:51 AM
Published on 05-17-2018
The company reported standalone net profit of Rs 6.09 crore for the quarter ended March 31 2018 as compared to Rs 2.61 crore in the same period last year registering a year-on-year growth of 133.33 per cent.

Net revenue of the company rose moderately by 14.16 per cent at Rs 75.79 crore in January-March quarter of this fiscal as against Rs 66.39 crore in the corresponding period last year.

During January-March quarter operating expenses increased by 12.52 per cent to Rs 66.14 crore from Rs 58.78 crore in year ago period.

Operating Profit surged by 30.93 per cent to Rs 10.37 crore as against Rs 7.92 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 14.77 per cent in March quarter.

Interest declined by 32.54 per cent y-o-y to Rs 1.14 crore while Taxation increased by 0.41 per cent at Rs 2.43 crore (Mar'17 Rs 2.42 crore).