TTK Healthcare Q1 net profit zooms 9914.33% at Rs 600.86 cr
The company reported standalone net profit of Rs 600.86 crore for the quarter ended June 30, 2022 as compared to Rs 6.00 crore in the same period last year, registering a year-on-year growth of 9914.33 per cent. Net revenue of the company rose moderately by 12.78 per cent at Rs 192.62 crore in April-June quarter of this fiscal as against Rs 170.79 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 16.59 per cent to Rs 188.86 crore from Rs 161.99 crore in year ago period.
Other Income grew by 169.40 per cent at Rs 9.86 crore versus (Jun'21 Rs 3.66 crore). Operating Profit slipped by 57.27 per cent to Rs 3.76 crore as against Rs 8.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 62.21 per cent in June quarter. Interest grew by 330.16 per cent y-o-y to Rs 2.71 crore, while Taxation increased by 35.20 per cent at Rs 3.38 crore (Jun'21 Rs 2.50 crore).