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( 24 May 2022)
Bhilwara Technical Q4 net profit down 43.33% at Rs 0.17 cr

The company reported standalone net profit of Rs 0.17 crore for the quarter ended March 31, 2022 as compared to Rs 0.30 crore in the same period last year, registering a year-on-year decline of 43.33 per cent.

Net revenue of the company rose triple digit by 118.68 per cent at Rs 3.98 crore in January-March quarter of this fiscal as against Rs 1.82 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 110.36 per cent to Rs 4.06 crore from Rs 1.93 crore in year ago period.

Other Income dipped by 48.89 per cent at Rs 0.23 crore versus (Mar'21 Rs 0.45 crore).

Operating Profit slipped by 27.27 per cent to Rs -0.08 crore as against Rs -0.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 65.81 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 200.00 per cent at Rs -0.05 crore (Mar'21 Rs 0.05 crore).