Chadha Papers Q4 net profit up 2.44% at Rs 15.53 cr
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The company reported standalone net profit of Rs 15.53 crore for the quarter ended March 31, 2022 as compared to Rs 15.16 crore in the same period last year, registering a year-on-year growth of 2.44 per cent. Net revenue of the company rose substantially by 32.40 per cent at Rs 177.79 crore in January-March quarter of this fiscal as against Rs 134.28 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 35.03 per cent to Rs 169.71 crore from Rs 125.68 crore in year ago period.
Other Income dipped by 20.48 per cent at Rs 21.20 crore versus (Mar'21 Rs 26.66 crore). Operating Profit slipped by 6.27 per cent to Rs 8.07 crore as against Rs 8.61 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.17 per cent in March quarter. Interest declined by 79.24 per cent y-o-y to Rs 1.59 crore, while Taxation decreased by 28.70 per cent at Rs 6.56 crore (Mar'21 Rs 9.20 crore).
