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Samyak International Q4 net profit down 71.43% at Rs 0.04 cr
  Samyak International Ltd. | 24 Dec 2019 | 04:01 PM
Published on 06-01-2019
The company reported standalone net profit of Rs 0.04 crore for the quarter ended March 31 2019 as compared to Rs 0.14 crore in the same period last year registering a year-on-year decline of 71.43 per cent.


Net revenue of the company declined substantially by 73.51 per cent at Rs 3.69 crore in January-March quarter of this fiscal as against Rs 13.93 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 73.68 per cent to Rs 3.63 crore from Rs 13.79 crore in year ago period.


Operating Profit slipped by 17.65 per cent to Rs 0.28 crore as against Rs 0.34 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 212.15 per cent in March quarter.


Interest declined by 70.00 per cent y-o-y to Rs 0.03 crore while Taxation increased by 81.82 per cent at Rs 0.20 crore (Mar`18 Rs 0.11 crore).