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News Details

Rama Phosphates Q4 net profit zooms 410.80% at Rs 12.77 cr

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29/05/2021 12:50
The company reported standalone net profit of Rs 12.77 crore for the quarter ended March 31, 2021 as compared to Rs 2.50 crore in the same period last year, registering a year-on-year growth of 410.80 per cent.

Net revenue of the company rose triple digit by 116.31 per cent at Rs 209.00 crore in January-March quarter of this fiscal as against Rs 96.62 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 103.83 per cent to Rs 189.75 crore from Rs 93.09 crore in year ago period.

Other Income dipped by 88.50 per cent at Rs 0.13 crore versus (Mar'20 Rs 1.13 crore).

Operating Profit surged by 446.59 per cent to Rs 19.24 crore as against Rs 3.52 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 152.33 per cent in March quarter.

Interest grew by 433.33 per cent y-o-y to Rs 0.32 crore, while Taxation increased by 407.45 per cent at Rs 4.77 crore (Mar'20 Rs 0.94 crore).