Ram Info Q4 net profit down 2.08% at Rs 0.47 cr
06/05/2019 17:40
The company reported standalone net profit of Rs 0.47 crore for the quarter ended March 31, 2019 as compared to Rs 0.48 crore in the same period last year, registering a year-on-year decline of 2.08 per cent.

Net revenue of the company declined moderately by 8.61 per cent at Rs 9.45 crore in January-March quarter of this fiscal as against Rs 10.34 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 8.46 per cent to Rs 9.20 crore from Rs 10.05 crore in year ago period.

Other Income grew by 58.33 per cent at Rs 0.38 crore versus (Mar'18 Rs 0.24 crore).

Operating Profit slipped by 13.79 per cent to Rs 0.25 crore as against Rs 0.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.48 per cent in March quarter.

Interest grew by 283.33 per cent y-o-y to Rs 0.23 crore, while Taxation decreased by 48.48 per cent at Rs -0.17 crore (Mar'18 Rs -0.33 crore).