Aarti Industries Ltd Q4 net profit up 25.10% at Rs 133.84 cr
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The company reported standalone net profit of Rs 133.84 crore for the quarter ended March 31, 2021 as compared to Rs 106.99 crore in the same period last year, registering a year-on-year growth of 25.10 per cent. Net revenue of the company rose moderately by 12.07 per cent at Rs 1,143.11 crore in January-March quarter of this fiscal as against Rs 1,019.96 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.63 per cent to Rs 894.51 crore from Rs 808.59 crore in year ago period. Other Income dipped by 74.29 per cent at Rs 0.09 crore versus (Mar'20 Rs 0.35 crore).
Operating Profit surged by 17.61 per cent to Rs 248.60 crore as against Rs 211.37 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.97 per cent in March quarter. Interest declined by 30.91 per cent y-o-y to Rs 22.51 crore, while Taxation increased by 15.38 per cent at Rs 30.00 crore (Mar'20 Rs 26.00 crore).
