Endurance Technologies Q4 net profit jumps 93.61% at Rs 139.11 cr
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The company reported standalone net profit of Rs 139.11 crore for the quarter ended March 31, 2021 as compared to Rs 71.85 crore in the same period last year, registering a year-on-year growth of 93.61 per cent. Net revenue of the company rose substantially by 42.20 per cent at Rs 1,598.85 crore in January-March quarter of this fiscal as against Rs 1,124.39 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.85 per cent to Rs 1,362.11 crore from Rs 988.12 crore in year ago period. Other Income dipped by 81.71 per cent at Rs 2.67 crore versus (Mar'20 Rs 14.60 crore).
Operating Profit surged by 73.73 per cent to Rs 236.74 crore as against Rs 136.27 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.19 per cent in March quarter. Interest declined by 80.00 per cent y-o-y to Rs 0.34 crore, while Taxation increased by 97.49 per cent at Rs 49.59 crore (Mar'20 Rs 25.11 crore).
