24 Jul 2019 | 10:51 AM

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COMPANYNEWS
Alfa Transformer posts Q4 net loss of Rs 0.90 cr
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Published on 06-25-2019
The company reported standalone net loss during the quarter stood at Rs 0.90 crore compared to net profit of Rs 0.46 crore in the previous year quarter. 


Net revenue of the company declined moderately by 15.56 per cent at Rs 16.61 crore in January-March quarter of this fiscal as against Rs 19.67 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 8.59 per cent to Rs 16.91 crore from Rs 18.50 crore in year ago period.


Other Income grew by 666.67 per cent at Rs 0.23 crore versus (Mar`18 Rs 0.03 crore).


Operating Profit slipped by 125.64 per cent to Rs -0.30 crore as against Rs 1.17 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 130.15 per cent in March quarter.


Interest grew by 8.33 per cent y-o-y to Rs 0.52 crore while Taxation increased by 0.00 per cent at Rs -0.03 crore (Mar`18 Rs 0.00 crore).