Authum Investment Q4 net profit zooms 129.78% at Rs 103.77 cr
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The company reported standalone net profit of Rs 103.77 crore for the quarter ended March 31, 2022 as compared to Rs 45.16 crore in the same period last year, registering a year-on-year growth of 129.78 per cent. Net revenue of the company rose triple digit by 140.95 per cent at Rs 147.10 crore in January-March quarter of this fiscal as against Rs 61.05 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 111.29 per cent to Rs 24.32 crore from Rs 11.51 crore in year ago period. Operating Profit surged by 147.89 per cent to Rs 122.78 crore as against Rs 49.53 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.87 per cent in March quarter. Interest declined by 33.07 per cent y-o-y to Rs 6.74 crore, while Taxation increased by 301.98 per cent at Rs 12.22 crore (Mar'21 Rs -6.05 crore).
