P&G Health Q3 net profit down 66.06% at Rs 15.77 cr
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The company reported standalone net profit of Rs 15.77 crore for the quarter ended March 31, 2021 as compared to Rs 46.46 crore in the same period last year, registering a year-on-year decline of 66.06 per cent. Net revenue of the company declined marginally by 3.93 per cent at Rs 219.15 crore in January-March quarter of this fiscal as against Rs 228.11 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.25 per cent to Rs 188.42 crore from Rs 169.37 crore in year ago period. Other Income dipped by 68.42 per cent at Rs 3.24 crore versus (Mar'20 Rs 10.26 crore).
Operating Profit slipped by 47.68 per cent to Rs 30.73 crore as against Rs 58.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.55 per cent in March quarter. Interest grew by 0.00 per cent y-o-y to Rs 0.20 crore, while Taxation decreased by 43.55 per cent at Rs 10.33 crore (Mar'20 Rs 18.30 crore).
