High Energy Bat. Q4 net profit down 6.14% at Rs 1.07 cr
27/05/2019 11:00
The company reported standalone net profit of Rs 1.07 crore for the quarter ended March 31, 2019 as compared to Rs 1.14 crore in the same period last year, registering a year-on-year decline of 6.14 per cent.

Net revenue of the company declined moderately by 9.41 per cent at Rs 12.90 crore in January-March quarter of this fiscal as against Rs 14.24 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 11.85 per cent to Rs 9.67 crore from Rs 10.97 crore in year ago period.

Other Income grew by 400.00 per cent at Rs 0.03 crore versus (Mar'18 Rs -0.01 crore).

Operating Profit surged by 14.42 per cent to Rs 3.73 crore as against Rs 3.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.18 per cent in March quarter.

Interest grew by 43.26 per cent y-o-y to Rs 2.02 crore, while Taxation decreased by 10.26 per cent at Rs 0.35 crore (Mar'18 Rs 0.39 crore).