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( As on 24/05/2022 08:20) Dutron Polymers Q4 net profit up 25.45% at Rs 0.69 cr

The company reported standalone net profit of Rs 0.69 crore for the quarter ended March 31, 2022 as compared to Rs 0.55 crore in the same period last year, registering a year-on-year growth of 25.45 per cent.

Net revenue of the company rose substantially by 28.67 per cent at Rs 35.72 crore in January-March quarter of this fiscal as against Rs 27.76 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 29.77 per cent to Rs 34.52 crore from Rs 26.60 crore in year ago period.

Other Income dipped by 44.83 per cent at Rs 0.16 crore versus (Mar'21 Rs 0.29 crore).

Operating Profit surged by 3.45 per cent to Rs 1.20 crore as against Rs 1.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.86 per cent in March quarter.

Interest declined by 21.05 per cent y-o-y to Rs 0.30 crore, while Taxation decreased by 78.26 per cent at Rs 0.05 crore (Mar'21 Rs 0.23 crore).