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Published on 21/05/2019 4:13:34 PM | Source: Dion Global Solutions Ltd

UFO Moviez India Ltd Q4 net profit down 12.60% at Rs 18.59 cr

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The company reported standalone net profit of Rs 18.59 crore for the quarter ended March 31, 2019 as compared to Rs 21.27 crore in the same period last year, registering a year-on-year decline of 12.60 per cent. Net revenue of the company declined marginally by 1.17 per cent at Rs 122.65 crore in January-March quarter of this fiscal as against Rs 124.10 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 2.33 per cent to Rs 80.07 crore from Rs 78.25 crore in year ago period.

Other Income grew by 4.00 per cent at Rs 0.26 crore versus (Mar'18 Rs 0.25 crore). Operating Profit slipped by 7.13 per cent to Rs 42.58 crore as against Rs 45.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.04 per cent in March quarter. Interest grew by 0.00 per cent y-o-y to Rs 0.08 crore, while Taxation increased by 1.25 per cent at Rs 10.50 crore (Mar'18 Rs 10.37 crore).