02-11-2022 10:59 AM | Source: Dion Global Solution Ltd
Vindhya Telelink Q3 net profit up 34.38% at Rs 18.37 cr
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| The company reported standalone net profit of Rs 18.37 crore for the quarter ended December 31, 2021 as compared to Rs 13.67 crore in the same period last year, registering a year-on-year growth of 34.38 per cent. Net revenue of the company declined moderately by 10.37 per cent at Rs 302.18 crore in October-December quarter of this fiscal as against Rs 337.16 crore in the corresponding period last year. During October-December quarter, operating expenses dropped by 9.60 per cent to Rs 266.17 crore from Rs 294.42 crore in year ago period. Other Income grew by 2218.75 per cent at Rs 7.42 crore versus (Dec'20 Rs 0.32 crore). Operating Profit slipped by 15.75 per cent to Rs 36.01 crore as against Rs 42.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.99 per cent in December quarter. Interest declined by 25.89 per cent y-o-y to Rs 13.71 crore, while Taxation increased by 46.45 per cent at Rs 6.40 crore (Dec'20 Rs 4.37 crore). |
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