TAAL Enterprises Q4 net profit zooms 182.46% at Rs 6.44 cr
25/06/2019 09:30
The company reported standalone net profit of Rs 6.44 crore for the quarter ended March 31, 2019 as compared to Rs 2.28 crore in the same period last year, registering a year-on-year growth of 182.46 per cent.

Net revenue of the company rose moderately by 14.45 per cent at Rs 1.98 crore in January-March quarter of this fiscal as against Rs 1.73 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 1.02 per cent to Rs 1.98 crore from Rs 1.96 crore in year ago period.

Other Income grew by 143.82 per cent at Rs 6.51 crore versus (Mar'18 Rs 2.67 crore).

Operating Profit slipped by 100.00 per cent to Rs 0.00 crore as against Rs -0.22 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 98.91 per cent in March quarter.

Interest grew by 33.33 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 127.27 per cent at Rs -0.03 crore (Mar'18 Rs 0.11 crore).