News Details
Category : Company
Headline : Jindal Poly Films posts Q4 net profit of Rs 139.21 cr
Date: 30/06/2020 09:40
The company reported standalone net profit during the quarter stood at Rs 139.21 crore compared to net loss of Rs 441.47 crore in the previous year quarter.

Net revenue of the company declined moderately by 6.37 per cent at Rs 890.03 crore in January-March quarter of this fiscal as against Rs 950.60 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 16.47 per cent to Rs 681.22 crore from Rs 815.51 crore in year ago period.

Other Income dipped by 48.43 per cent at Rs 29.15 crore versus (Mar'19 Rs 56.52 crore).

Operating Profit surged by 54.57 per cent to Rs 208.81 crore as against Rs 135.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 65.10 per cent in March quarter.

Interest grew by 67.51 per cent y-o-y to Rs 18.46 crore, while Taxation decreased by 77.69 per cent at Rs 25.36 crore (Mar'19 Rs 113.66 crore).