17 Jul 2019 | 6:45 AM

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Alchemist posts Q1 net loss of Rs 5.68 cr
  Alchemist Ltd. | 15 Jul 2019 | 03:41 PM
Published on 08-10-2017
The company reported standalone net loss during the quarter stood at Rs 5.68 crore as compared to net loss of Rs 1.32 crore in the previous year quarter.


Net revenue of the company declined by 5.56 per cent at Rs 5.95 crore in April-June quarter of this fiscal as against Rs 6.30 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 13.58 per cent to Rs 9.10 crore from Rs 10.53 crore in year ago period.


Other Income dipped by 95.70 per cent at Rs 0.29 crore versus (Jun'16 Rs 6.75 crore).


Operating Profit slipped by 17.37 per cent to Rs -3.14 crore as against Rs -3.80 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 12.52 per cent in June quarter.


Interest declined by 1.96 per cent y-o-y to Rs 0.50 crore while Taxation increased by 0.00 per cent at Rs 0.36 crore (Jun'16 Rs 0.00 crore).