02-11-2022 10:54 AM | Source: Dion Global Solution Ltd
G R Infraprojects Q3 net profit down 59.85% at Rs 128.98 cr
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
| The company reported standalone net profit of Rs 128.98 crore for the quarter ended December 31, 2021 as compared to Rs 321.26 crore in the same period last year, registering a year-on-year decline of 59.85 per cent. Net revenue of the company declined moderately by 17.94 per cent at Rs 1,818.44 crore in October-December quarter of this fiscal as against Rs 2,215.93 crore in the corresponding period last year. During October-December quarter, operating expenses dropped by 9.38 per cent to Rs 1,563.63 crore from Rs 1,725.50 crore in year ago period. Other Income grew by 12.99 per cent at Rs 35.14 crore versus (Dec'20 Rs 31.10 crore). Operating Profit slipped by 48.04 per cent to Rs 254.81 crore as against Rs 490.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.69 per cent in December quarter. Interest grew by 6.86 per cent y-o-y to Rs 29.74 crore, while Taxation decreased by 59.45 per cent at Rs 45.85 crore (Dec'20 Rs 113.07 crore). |
Latest News
RBI tweaks rules to cut risk banks face in exposure ...
Raymond posts 18 per cent jump in Q4 net profit at R...
Daily Market Commentary : Nifty after marking a new ...
Priyanka says being part of `Womb` has been nothing ...
Buy Zinc Above 259 SL. BELOW 256 TGT 263/264 - Axis...
From Alaya F to Daler Mehndi & Sudhanshu Pandey, cel...
T20 World Cup: `Four spinners... Rinku Singh should ...
Shubhankar Sharma, Gaganjeet Bhullar seek golfing br...
BIPF`s 11 th Shambhavi Puraskar honours efforts for ...
Mahindra & Mahindra received record 674 patents in FY24
Top News
India`s digital public infrastructure offers scalable, secure, inclusive solutions for globa...
