PC Jeweller L posts Q4 net profit of Rs 77.17 cr
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The company reported standalone net profit during the quarter stood at Rs 77.17 crore compared to net loss of Rs 41.54 crore in the previous year quarter. Net revenue of the company declined by 0.99 per cent at Rs 868.19 crore in January-March quarter of this fiscal as against Rs 876.88 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 14.65 per cent to Rs 725.18 crore from Rs 849.65 crore in year ago period. Other Income dipped by 72.48 per cent at Rs 5.05 crore versus (Mar'20 Rs 18.35 crore). Operating Profit surged by 425.19 per cent to Rs 143.01 crore as against Rs 27.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 429.58 per cent in March quarter. Interest grew by 2.03 per cent y-o-y to Rs 95.11 crore, while Taxation increased by 156.86 per cent at Rs -32.21 crore (Mar'20 Rs -12.54 crore).
