KMC Speciality Hospi Q1 net profit up 33.67% at Rs 2.66 cr
13/08/2019 16:50
The company reported standalone net profit of Rs 2.66 crore for the quarter ended June 30, 2019 as compared to Rs 1.99 crore in the same period last year, registering a year-on-year growth of 33.67 per cent.

Net revenue of the company rose moderately by 11.72 per cent at Rs 22.50 crore in April-June quarter of this fiscal as against Rs 20.14 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 9.79 per cent to Rs 17.72 crore from Rs 16.14 crore in year ago period.

Other Income grew by 61.11 per cent at Rs 0.29 crore versus (Jun'18 Rs 0.18 crore).

Operating Profit surged by 19.50 per cent to Rs 4.78 crore as against Rs 4.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.00 per cent in June quarter.

Interest declined by 28.13 per cent y-o-y to Rs 0.23 crore, while Taxation increased by 34.57 per cent at Rs 1.09 crore (Jun'18 Rs 0.81 crore).