D P Abhushan Q1 net profit zooms 202.58% at Rs 12.92 cr
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The company reported standalone net profit of Rs 12.92 crore for the quarter ended June 30, 2022 as compared to Rs 4.27 crore in the same period last year, registering a year-on-year growth of 202.58 per cent. Net revenue of the company rose triple digit by 147.13 per cent at Rs 433.32 crore in April-June quarter of this fiscal as against Rs 175.34 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 149.28 per cent to Rs 411.19 crore from Rs 164.95 crore in year ago period. Other Income grew by 250.00 per cent at Rs 0.07 crore versus (Jun'21 Rs 0.02 crore). Operating Profit surged by 113.20 per cent to Rs 22.13 crore as against Rs 10.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.68 per cent in June quarter. Interest grew by 7.45 per cent y-o-y to Rs 3.75 crore, while Taxation increased by 197.95 per cent at Rs 4.35 crore (Jun'21 Rs 1.46 crore).
