JSW Holdings Q4 net profit up 32.42% at Rs 13.48 cr
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The company reported standalone net profit of Rs 13.48 crore for the quarter ended March 31, 2022 as compared to Rs 10.18 crore in the same period last year, registering a year-on-year growth of 32.42 per cent. Net revenue of the company rose substantially by 27.61 per cent at Rs 19.18 crore in January-March quarter of this fiscal as against Rs 15.03 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 39.88 per cent to Rs 1.01 crore from Rs 1.68 crore in year ago period. Operating Profit surged by 36.10 per cent to Rs 18.17 crore as against Rs 13.35 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.68 per cent in March quarter. Taxation increased by 51.29 per cent at Rs 4.69 crore (Mar'21 Rs 3.10 crore).
