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Category :
Corporate
Headline :
SKP Securities Q4 net profit zooms 630.77% at Rs 2.85 cr
Date:
27/04/2024 18:30
The company reported standalone net profit of Rs 2.85 crore for the quarter ended March 31, 2024 as compared to Rs 0.39 crore in the same period last year, registering a year-on-year growth of 630.77 per cent.
Net revenue of the company rose triple digit by 104.74 per cent at Rs 9.07 crore in January-March quarter of this fiscal as against Rs 4.43 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 41.14 per cent to Rs 4.94 crore from Rs 3.50 crore in year ago period.
Operating Profit surged by 339.36 per cent to Rs 4.13 crore as against Rs 0.94 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 115.72 per cent in March quarter.
Interest declined by 43.75 per cent y-o-y to Rs 0.09 crore, while Taxation increased by 296.30 per cent at Rs 1.07 crore (Mar'23 Rs 0.27 crore).
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