Pearl Global Industr Q4 net profit zooms 162.47% at Rs 12.73 cr
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The company reported standalone net profit of Rs 12.73 crore for the quarter ended March 31, 2022 as compared to Rs 4.85 crore in the same period last year, registering a year-on-year growth of 162.47 per cent. Net revenue of the company rose substantially by 28.70 per cent at Rs 349.73 crore in January-March quarter of this fiscal as against Rs 271.74 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 26.38 per cent to Rs 335.58 crore from Rs 265.53 crore in year ago period.
Other Income grew by 20.47 per cent at Rs 12.89 crore versus (Mar'21 Rs 10.70 crore). Operating Profit surged by 127.70 per cent to Rs 14.14 crore as against Rs 6.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 77.19 per cent in March quarter. Interest declined by 0.15 per cent y-o-y to Rs 6.80 crore, while Taxation increased by 1165.63 per cent at Rs 3.41 crore (Mar'21 Rs -0.32 crore).
