Capri Global Capital Q4 net profit down 41.72% at Rs 16.83 cr
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The company reported standalone net profit of Rs 16.83 crore for the quarter ended March 31, 2021 as compared to Rs 28.88 crore in the same period last year, registering a year-on-year decline of 41.72 per cent. Net revenue of the company declined marginally by 3.00 per cent at Rs 132.62 crore in January-March quarter of this fiscal as against Rs 136.72 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.06 per cent to Rs 61.59 crore from Rs 49.25 crore in year ago period.
Other Income dipped by 11.43 per cent at Rs 0.31 crore versus (Mar'20 Rs 0.35 crore). Operating Profit slipped by 16.63 per cent to Rs 80.18 crore as against Rs 96.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.05 per cent in March quarter. Interest grew by 3.56 per cent y-o-y to Rs 54.94 crore, while Taxation decreased by 52.02 per cent at Rs 5.94 crore (Mar'20 Rs 12.38 crore).
