Bharat Rasayan Q4 net profit up 36.68% at Rs 64.54 cr
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The company reported standalone net profit of Rs 64.54 crore for the quarter ended March 31, 2022 as compared to Rs 47.22 crore in the same period last year, registering a year-on-year growth of 36.68 per cent. Net revenue of the company rose substantially by 64.85 per cent at Rs 444.78 crore in January-March quarter of this fiscal as against Rs 269.81 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 75.41 per cent to Rs 358.16 crore from Rs 204.19 crore in year ago period.
Other Income grew by 104.89 per cent at Rs 7.13 crore versus (Mar'21 Rs 3.48 crore). Operating Profit surged by 32.00 per cent to Rs 86.62 crore as against Rs 65.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.94 per cent in March quarter. Interest grew by 64.12 per cent y-o-y to Rs 2.79 crore, while Taxation increased by 38.47 per cent at Rs 18.86 crore (Mar'21 Rs 13.62 crore).
