JTL Infra L Q4 net profit zooms 245.57% at Rs 10.92 cr
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The company reported standalone net profit of Rs 10.92 crore for the quarter ended March 31, 2021 as compared to Rs 3.16 crore in the same period last year, registering a year-on-year growth of 245.57 per cent. Net revenue of the company rose triple digit by 164.56 per cent at Rs 204.19 crore in January-March quarter of this fiscal as against Rs 77.18 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 156.95 per cent to Rs 187.70 crore from Rs 73.05 crore in year ago period. Other Income grew by 47.78 per cent at Rs 3.00 crore versus (Mar'20 Rs 2.03 crore).
Operating Profit surged by 299.27 per cent to Rs 16.49 crore as against Rs 4.13 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 50.84 per cent in March quarter. Interest grew by 189.12 per cent y-o-y to Rs 4.25 crore, while Taxation increased by 215.45 per cent at Rs 3.88 crore (Mar'20 Rs 1.23 crore).
