Brookfield India Rea Q4 net profit jumps 58.64% at Rs 102.34 cr
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The company reported standalone net profit of Rs 102.34 crore for the quarter ended March 31, 2022 as compared to Rs 64.51 crore in the same period last year, registering a year-on-year growth of 58.64 per cent. Net revenue of the company rose substantially by 30.34 per cent at Rs 94.16 crore in January-March quarter of this fiscal as against Rs 72.24 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 46.18 per cent to Rs 4.16 crore from Rs 7.73 crore in year ago period. Other Income grew by 0.00 per cent at Rs 12.68 crore versus (Mar'21 Rs 0.00 crore). Operating Profit surged by 39.53 per cent to Rs 90.01 crore as against Rs 64.51 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.04 per cent in March quarter. Taxation increased by 0.00 per cent at Rs 0.35 crore (Mar'21 Rs 0.00 crore).
