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Category :
Company
Headline :
G G Automotive Gears posts Q4 net profit of Rs 0.25 cr
Date:
17/05/2022 17:50
The company reported standalone net profit during the quarter stood at Rs 0.25 crore compared to net loss of Rs 0.67 crore in the previous year quarter.
Net revenue of the company rose triple digit by 167.19 per cent at Rs 15.31 crore in January-March quarter of this fiscal as against Rs 5.73 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 144.56 per cent to Rs 13.72 crore from Rs 5.61 crore in year ago period.
Other Income dipped by 41.67 per cent at Rs 0.14 crore versus (Mar'21 Rs 0.24 crore).
Operating Profit surged by 1225.00 per cent to Rs 1.59 crore as against Rs 0.12 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 411.33 per cent in March quarter.
Interest grew by 1.64 per cent y-o-y to Rs 0.62 crore, while Taxation decreased by 91.30 per cent at Rs -0.04 crore (Mar'21 Rs -0.46 crore).
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