NGL Fine-Chem Ltd Q4 net profit zooms 10121.43% at Rs 14.31 cr
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The company reported standalone net profit of Rs 14.31 crore for the quarter ended March 31, 2021 as compared to Rs 0.14 crore in the same period last year, registering a year-on-year growth of 10121.43 per cent. Net revenue of the company rose triple digit by 102.34 per cent at Rs 71.79 crore in January-March quarter of this fiscal as against Rs 35.48 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 53.20 per cent to Rs 50.97 crore from Rs 33.27 crore in year ago period. Other Income grew by 178.02 per cent at Rs 2.53 crore versus (Mar'20 Rs 0.91 crore).
Operating Profit surged by 842.08 per cent to Rs 20.82 crore as against Rs 2.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 364.74 per cent in March quarter. Interest declined by 45.00 per cent y-o-y to Rs 0.33 crore, while Taxation increased by 1221.15 per cent at Rs 6.87 crore (Mar'20 Rs 0.52 crore).
