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Category :
Company News
Headline :
Rajnish Wellness posts Q4 net profit of Rs 0.28 cr
Date:
19/04/2024 19:00
The company reported standalone net profit during the quarter stood at Rs 0.28 crore compared to net loss of Rs 1.16 crore in the previous year quarter.
Net revenue of the company rose three fold by 372.50 per cent at Rs 26.98 crore in January-March quarter of this fiscal as against Rs 5.71 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 269.79 per cent to Rs 26.44 crore from Rs 7.15 crore in year ago period.
Operating Profit surged by 137.50 per cent to Rs 0.54 crore as against Rs -1.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 107.94 per cent in March quarter.
Interest declined by 38.89 per cent y-o-y to Rs 0.11 crore, while Taxation decreased by 23.53 per cent at Rs 0.13 crore (Mar'23 Rs 0.17 crore).
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