{"id":20198,"date":"2023-02-10T13:55:32","date_gmt":"2023-02-10T13:55:32","guid":{"rendered":"https:\/\/latestgoldnews.com\/index.php\/2023\/02\/10\/ok-play-india-9m-fy23-revenues-doubled-turnaround-at-net-profit\/"},"modified":"2023-02-10T13:55:32","modified_gmt":"2023-02-10T13:55:32","slug":"ok-play-india-9m-fy23-revenues-doubled-turnaround-at-net-profit","status":"publish","type":"post","link":"https:\/\/latestgoldnews.com\/index.php\/2023\/02\/10\/ok-play-india-9m-fy23-revenues-doubled-turnaround-at-net-profit\/","title":{"rendered":"OK Play India 9m FY23 revenues doubled, turnaround at net profit"},"content":{"rendered":"<div class=\"dsprime\"><img decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/republicnewstoday.com\/wp-content\/uploads\/2023\/02\/image-45.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<div class='booster-block booster-read-block'>\n<div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 10 Second                <\/div>\n<\/p><\/div>\n<div class=\"dsprime\"><img decoding=\"async\" width=\"525\" height=\"350\" src=\"https:\/\/primexnewsnetwork.com\/wp-content\/uploads\/2023\/02\/image-45.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p><strong>Mumbai (Maharashtra) [India], February 10:\u00a0OK Play India Limited (BSE Code \u2013\u00a0526415),<\/strong>\u00a0engaged in the business of manufacturing Toys, School furniture, and outdoor play equipment, has announced its unaudited Financial Results for the Q3 &amp; 9M FY23.<\/p>\n<p><strong><u>Key Financials at a Glance:<\/u><\/strong><\/p>\n<p><strong><u>For Q3FY23:<\/u><\/strong><\/p>\n<ul>\n<li><strong>Revenues at\u00a0<\/strong><strong>\u20b9<\/strong><strong> 47 crore; up 72.29%<\/strong><\/li>\n<li><strong>EBITDA at\u00a0<\/strong><strong>\u20b9<\/strong><strong>7 crore; up 198.47%<\/strong><\/li>\n<li><strong>EBITDA Margin 24.89% Vs 14.37%<\/strong><\/li>\n<li><strong>Turnaround at PAT reported a net profit of\u00a0<\/strong><strong>\u20b9<\/strong><strong>48 crore<\/strong><\/li>\n<li><strong>PAT Margin at 9.53% and EPS at\u00a0<\/strong><strong>\u20b9<\/strong><strong>34 (<\/strong><strong>\u20b9<\/strong><strong>-1.18)<\/strong><\/li>\n<\/ul>\n<p><strong><u>For 9MFY23:<\/u><\/strong><\/p>\n<ul>\n<li><strong>Revenues at\u00a0<\/strong>\u20b9<strong>32 crore; up 113.62%<\/strong><\/li>\n<li><strong>EBITDA at\u00a0<\/strong><strong>\u20b9<\/strong>\u20b9<strong>77 crore; up 327.20%<\/strong><\/li>\n<li><strong>EBITDA margin at 17.74% Vs 8.87%<\/strong><\/li>\n<li><strong>PAT at\u00a0<\/strong><strong>\u20b9<\/strong><strong>7 lakhs Vs Loss of <\/strong><strong>\u20b9<\/strong><strong>14,17 crore<\/strong><\/li>\n<li><strong>EPS at\u00a0<\/strong><strong>\u20b9<\/strong><strong>04<\/strong><\/li>\n<\/ul>\n<p><strong>Commenting on the performance,\u00a0Mr. Rajan Handa, Managing Director of OK Play India Limited<\/strong>\u00a0<strong>said,<\/strong>\u00a0\u201cPost the Covid pandemic, the business has bounced back and we are witnessing robust growth in all our verticals. The positive policies of our government in the toys sector have helped in increased demand for quality products not only for the domestic market but also for exports. The CV market is also on a growth trajectory and the numbers are captured in our results.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<div class=\"booster-block booster-author-block\">\n<div class=\"be-author-details layout-square align-left\">\n<div class=\"be-author-wrapper\">\n<div class=\"booster-row\">\n<div class=\"booster-column booster-column-two booster-column-mobile\">\n<div class=\"be-author-image\">\n                                    <img alt='' src='https:\/\/secure.gravatar.com\/avatar\/8f60e0d1e4829bba68a2adb93bd5b364?s=400&#038;d=mm&#038;r=g' class='avatar avatar-400 photo avatar-img' height='400' width='400' loading='lazy' \/>                                <\/div>\n<\/p><\/div>\n<div class=\"booster-column booster-column-eight booster-column-mobile\">\n<div class=\"author-details\">\n<header class=\"twp-plugin-title twp-author-title\">\n<h2>About Post Author<\/h2>\n<\/header>\n<h4 class=\"be-author-meta be-author-name\">\n                                        <a 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                                                                                                  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/republicnewstoday.com\/index.php\/2023\/02\/10\/ok-play-india-9m-fy23-revenues-doubled-turnaround-at-net-profit\/\">OK Play India 9m FY23 revenues doubled, turnaround at net profit<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/republicnewstoday.com\">Republic News Today<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Read Time:1 Minute, 10 Second Mumbai (Maharashtra) [India], February 10:\u00a0OK Play India Limited (BSE Code \u2013\u00a0526415),\u00a0engaged in the<\/p>\n","protected":false},"author":1,"featured_media":20199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[54],"class_list":["post-20198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/posts\/20198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=20198"}],"version-history":[{"count":0,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/posts\/20198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/media\/20199"}],"wp:attachment":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=20198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=20198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=20198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}