17 Jan 2021 | 9:32 PM

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Sri Krishna Construc Q1 net profit zooms 1025.00% at Rs 0.45 cr
  Sri Krishna Constructions (India) Ltd. | 16 Jan 2020 | 03:41 PM
Published on 08-15-2019
The company reported standalone net profit of Rs 0.45 crore for the quarter ended June 30 2019 as compared to Rs 0.04 crore in the same period last year registering a year-on-year growth of 1025.00 per cent.


Net revenue of the company rose three fold by 369.89 per cent at Rs 4.37 crore in April-June quarter of this fiscal as against Rs 0.93 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 443.28 per cent to Rs 3.64 crore from Rs 0.67 crore in year ago period.


Operating Profit surged by 180.77 per cent to Rs 0.73 crore as against Rs 0.26 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 40.88 per cent in June quarter.


Interest declined by 35.29 per cent y-o-y to Rs 0.11 crore while Taxation increased by 1500.00 per cent at Rs 0.16 crore (Jun`18 Rs 0.01 crore).