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Category :
Company
Headline :
Shanti Educational I Q1 net profit up 18.88% at Rs 2.77 cr
Date:
26/07/2024 19:40
The company reported standalone net profit of Rs 2.77 crore for the quarter ended June 30, 2024 as compared to Rs 2.33 crore in the same period last year, registering a year-on-year growth of 18.88 per cent.
Net revenue of the company rose moderately by 12.15 per cent at Rs 8.49 crore in April-June quarter of this fiscal as against Rs 7.57 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 10.39 per cent to Rs 4.78 crore from Rs 4.33 crore in year ago period.
Other Income grew by 500.00 per cent at Rs 0.12 crore versus (Jun'23 Rs 0.02 crore).
Operating Profit surged by 13.85 per cent to Rs 3.70 crore as against Rs 3.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.77 per cent in June quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 10.71 per cent at Rs 0.93 crore (Jun'23 Rs 0.84 crore).
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