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News Details

20/05/2026 16:40

Somi Conveyor Beltin Q4 net profit down 34.44% at Rs 0.59 cr

The company reported standalone net profit of Rs 0.59 crore for the quarter ended March 31, 2026 as compared to Rs 0.90 crore in the same period last year, registering a year-on-year decline of 34.44 per cent.

Net revenue of the company declined substantially by 28.82 per cent at Rs 17.29 crore in January-March quarter of this fiscal as against Rs 24.29 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 30.45 per cent to Rs 15.35 crore from Rs 22.07 crore in year ago period.

Other Income grew by 66.67 per cent at Rs 0.20 crore versus (Mar'25 Rs 0.12 crore).

Operating Profit slipped by 12.61 per cent to Rs 1.94 crore as against Rs 2.22 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.62 per cent in March quarter.

Interest declined by 24.07 per cent y-o-y to Rs 0.41 crore, while Taxation increased by 38.00 per cent at Rs 0.69 crore (Mar'25 Rs 0.50 crore).