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(As on Jul 12, 2018, 17:30)

Talwalkars Lifestyle Q4 net profit up 34.61% at Rs 26.37 cr

The company reported standalone net profit of Rs 26.37 crore for the quarter ended March 31, 2018 as compared to Rs 19.59 crore in the same period last year, registering a year-on-year growth of 34.61 per cent.

Net revenue of the company rose moderately by 14.01 per cent at Rs 75.12 crore in January-March quarter of this fiscal as against Rs 65.89 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 16.94 per cent to Rs 22.23 crore from Rs 19.01 crore in year ago period.

Operating Profit surged by 12.84 per cent to Rs 52.90 crore as against Rs 46.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.03 per cent in March quarter.

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