Trident Q4 net profit jumps 91.18% at Rs 75.63 cr
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The company reported standalone net profit of Rs 75.63 crore for the quarter ended March 31, 2021 as compared to Rs 39.56 crore in the same period last year, registering a year-on-year growth of 91.18 per cent. Net revenue of the company rose substantially by 36.30 per cent at Rs 1,349.99 crore in January-March quarter of this fiscal as against Rs 990.49 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 31.84 per cent to Rs 1,114.43 crore from Rs 845.29 crore in year ago period. Other Income dipped by 61.15 per cent at Rs 2.63 crore versus (Mar'20 Rs 6.77 crore). Operating Profit surged by 62.23 per cent to Rs 235.56 crore as against Rs 145.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 19.03 per cent in March quarter. Interest declined by 15.77 per cent y-o-y to Rs 23.39 crore, while Taxation increased by 569.35 per cent at Rs 20.75 crore (Mar'20 Rs 3.10 crore).
