16 Jul 2019 | 8:28 AM


Esaar (India) Li posts Q4 net loss of Rs 0.29 cr
  Esaar (India) Ltd. | 15 Jul 2019 | 03:33 PM
Published on 05-30-2019
The company reported standalone net loss during the quarter stood at Rs 0.29 crore as compared to net loss of Rs 0.62 crore in the previous year quarter.

Net revenue of the company rose three fold by 21457.50 per cent at Rs 86.23 crore in January-March quarter of this fiscal as against Rs 0.40 crore in the corresponding period last year.

During January-March quarter operating expenses increased by 9958.82 per cent to Rs 85.50 crore from Rs 0.85 crore in year ago period.

Other Income grew by 0.00 per cent at Rs -0.89 crore versus (Mar`18 Rs 0.00 crore).

Operating Profit surged by 262.22 per cent to Rs 0.73 crore as against Rs -0.45 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 100.75 per cent in March quarter.

Interest grew by 5.56 per cent y-o-y to Rs 0.19 crore while Taxation increased by 0.00 per cent at Rs -0.07 crore (Mar`18 Rs 0.00 crore).