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News Details

Aarti Surfactants Q4 net profit jumps 70.66% at Rs 5.70 cr

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21/05/2021 17:20
The company reported standalone net profit of Rs 5.70 crore for the quarter ended March 31, 2021 as compared to Rs 3.34 crore in the same period last year, registering a year-on-year growth of 70.66 per cent.

Net revenue of the company rose substantially by 41.56 per cent at Rs 126.17 crore in January-March quarter of this fiscal as against Rs 89.13 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 41.77 per cent to Rs 114.28 crore from Rs 80.61 crore in year ago period.

Other Income dipped by 93.75 per cent at Rs 0.01 crore versus (Mar'20 Rs 0.16 crore).

Operating Profit surged by 39.55 per cent to Rs 11.89 crore as against Rs 8.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.46 per cent in March quarter.

Interest declined by 22.43 per cent y-o-y to Rs 1.66 crore, while Taxation increased by 139.58 per cent at Rs 1.15 crore (Mar'20 Rs 0.48 crore).