Jindal Poly Films Q4 net profit zooms 114.78% at Rs 489.13 cr
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The company reported standalone net profit of Rs 489.13 crore for the quarter ended March 31, 2022 as compared to Rs 227.74 crore in the same period last year, registering a year-on-year growth of 114.78 per cent. Net revenue of the company rose substantially by 50.10 per cent at Rs 1,724.12 crore in January-March quarter of this fiscal as against Rs 1,148.64 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 38.34 per cent to Rs 1,254.39 crore from Rs 906.77 crore in year ago period. Other Income grew by 162.15 per cent at Rs 133.96 crore versus (Mar'21 Rs 51.10 crore). Operating Profit surged by 94.21 per cent to Rs 469.73 crore as against Rs 241.87 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 29.34 per cent in March quarter. Interest grew by 172.22 per cent y-o-y to Rs 18.85 crore, while Taxation increased by 128.49 per cent at Rs 127.77 crore (Mar'21 Rs 55.92 crore).
