Krone Communications Ltd reports a big jump in profits - Views on News from Equitymaster

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  • Feb 29, 2000 - Krone Communications Ltd reports a big jump in profits

Krone Communications Ltd reports a big jump in profits

Feb 29, 2000

Krone Communications Ltd has reported a net profit of Rs 28.4 m for the 4QFY2000 which is a rise of 251%. The main drivers to this profit growth are a 34% increase in net sales and a 118% increase in other income, while operating expenses grew by only 5% for the 4QFY2000.

(Rs m) 4QFY2000 4QFY1999 Change
Net Sales 177.9 133.2 33.6%
Other Income 8.3 3.8 118.4%
Expenditure 131.2 124.9 5.0%
Interest 1.0 0.4 150.0%
Depreciation 2.7 1.3 107.7%
Profit before Tax 51.3 10.4 393.3%
Tax 22.9 2.3 895.7%
Profit after Tax/(Loss) 28.4 8.1 250.6%
Net profit margin (%) 16.0% 6.1%  

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