Tijaria Polypipes Lt posts Q4 net profit of Rs 1.10 cr
15/05/2019 19:00

The company reported standalone net profit during the quarter stood at Rs 1.10 crore compared to net loss of Rs 3.14 crore in the previous year quarter.

Net revenue of the company rose marginally by 2.42 per cent at Rs 25.42 crore in January-March quarter of this fiscal as against Rs 24.82 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 16.24 per cent to Rs 20.94 crore from Rs 25.00 crore in year ago period.

Other Income dipped by 18.75 per cent at Rs 0.13 crore versus (Mar'18 Rs 0.16 crore).

Operating Profit surged by 2588.89 per cent to Rs 4.48 crore as against Rs -0.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2483.78 per cent in March quarter.

Interest grew by 10.11 per cent y-o-y to Rs 1.96 crore