KNR Constructions Q4 net profit jumps 46.52% at Rs 112.79 cr
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The company reported standalone net profit of Rs 112.79 crore for the quarter ended March 31, 2022 as compared to Rs 76.98 crore in the same period last year, registering a year-on-year growth of 46.52 per cent. Net revenue of the company rose moderately by 8.01 per cent at Rs 1,010.74 crore in January-March quarter of this fiscal as against Rs 935.79 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 6.52 per cent to Rs 802.74 crore from Rs 753.60 crore in year ago period.
Other Income grew by 97.33 per cent at Rs 18.51 crore versus (Mar'21 Rs 9.38 crore). Operating Profit surged by 14.17 per cent to Rs 208.00 crore as against Rs 182.19 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.70 per cent in March quarter. Interest grew by 38.89 per cent y-o-y to Rs 6.00 crore, while Taxation decreased by 5.09 per cent at Rs 67.86 crore (Mar'21 Rs 71.50 crore).
