Kusam Electrical Q4 net profit zooms 435.71% at Rs 0.75 cr
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The company reported standalone net profit of Rs 0.75 crore for the quarter ended March 31, 2022 as compared to Rs 0.14 crore in the same period last year, registering a year-on-year growth of 435.71 per cent. Net revenue of the company declined moderately by 10.69 per cent at Rs 1.42 crore in January-March quarter of this fiscal as against Rs 1.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.63 per cent to Rs 1.51 crore from Rs 1.39 crore in year ago period. Other Income grew by 11700.00 per cent at Rs 1.18 crore versus (Mar'21 Rs 0.01 crore). Operating Profit slipped by 145.00 per cent to Rs -0.09 crore as against Rs 0.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 150.12 per cent in March quarter. Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 1400.00 per cent at Rs 0.30 crore (Mar'21 Rs 0.02 crore).
