Kalyan Jewellers Ind Q4 net profit up 15.75% at Rs 66.50 cr
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The company reported standalone net profit of Rs 66.50 crore for the quarter ended March 31, 2021 as compared to Rs 57.45 crore in the same period last year, registering a year-on-year growth of 15.75 per cent. Net revenue of the company rose substantially by 60.64 per cent at Rs 2,614.94 crore in January-March quarter of this fiscal as against Rs 1,627.79 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 65.01 per cent to Rs 2,420.61 crore from Rs 1,466.99 crore in year ago period. Other Income dipped by 72.27 per cent at Rs 11.29 crore versus (Mar'20 Rs 40.72 crore). Operating Profit surged by 20.85 per cent to Rs 194.32 crore as against Rs 160.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.80 per cent in March quarter. Interest declined by 7.10 per cent y-o-y to Rs 73.26 crore, while Taxation increased by 22.12 per cent at Rs 23.74 crore (Mar'20 Rs 19.44 crore)
