KIOCL Q4 net profit down 0.04% at Rs 193.94 cr
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The company reported standalone net profit of Rs 193.94 crore for the quarter ended March 31, 2022 as compared to Rs 194.01 crore in the same period last year, registering a year-on-year decline of 0.04 per cent. Net revenue of the company rose substantially by 23.45 per cent at Rs 1,138.80 crore in January-March quarter of this fiscal as against Rs 922.46 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 31.91 per cent to Rs 903.47 crore from Rs 684.89 crore in year ago period.
Other Income dipped by 17.25 per cent at Rs 19.00 crore versus (Mar'21 Rs 22.96 crore). Operating Profit slipped by 7.65 per cent to Rs 235.33 crore as against Rs 254.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.20 per cent in March quarter. Interest declined by 28.25 per cent y-o-y to Rs 5.36 crore, while Taxation decreased by 31.83 per cent at Rs 47.05 crore (Mar'21 Rs 69.02 crore).
