Q4 Results: Ok Play reports 50% YoY growth in total revenue
The company reported Rs 48.38 crore in revenue from operations, which was Rs 33.36 crore in the previous quarter and Rs 39.45 crore in the fourth quarter of the last financial year.
Ok Play India, a leading toys manufacturing company, has announced its fourth-quarter results for the financial year 2023-24. In the quarter ending March 31, 2024, the small-cap company reported a total revenue of Rs 56.7 crore as against Rs 36.5 crore reported in the quarter ended March 31, 2023. The company's revenue stood at Rs 36.2 crore in the previous quarter of the current financial year.
The company reported Rs 48.38 crore in revenue from operations, which was Rs 33.36 crore in the previous quarter and Rs 39.45 crore in the fourth quarter of the last financial year.
The profit before tax of OK Play India Limited was Rs 7.68 crore in the fourth quarter of the last financial year, which was about Rs 9 lakh in the previous quarter and Rs 10.08 crore in the third quarter of the last financial year.
Earlier, Ok Play India informed exchanges that its sales in the fourth quarter (Q4FY24) rose by around 13 per cent YoY to Rs 60.08 crore. According to the filing, the company had registered a total sales of Rs 53.26 crore during the January-March quarter of FY23.
The company has also stated that it has narrowed its loss in the January-March quarter 2024 at Rs 0.71 crore as against a net loss of Rs 2.03 crore reported during the same quarter of the previous fiscal.
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