Wim Plast Ltd Q4 net profit down 14.82% at Rs 12.07 cr
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The company reported standalone net profit of Rs 12.07 crore for the quarter ended March 31, 2022 as compared to Rs 14.17 crore in the same period last year, registering a year-on-year decline of 14.82 per cent. Net revenue of the company declined moderately by 7.02 per cent at Rs 94.26 crore in January-March quarter of this fiscal as against Rs 101.38 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 2.64 per cent to Rs 76.73 crore from Rs 78.81 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 2.91 crore versus (Mar'21 Rs 0.00 crore). Operating Profit slipped by 22.36 per cent to Rs 17.53 crore as against Rs 22.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.52 per cent in March quarter. Interest grew by 25.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 11.74 per cent at Rs 4.57 crore (Mar'21 Rs 4.09 crore).
