20 Jul 2019 | 1:02 AM

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COMPANYNEWS
Filatex Fashions posts Q4 net profit of Rs 0.26 cr
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Published on 06-27-2019
The company reported standalone net profit during the quarter stood at Rs 0.26 crore compared to net loss of Rs 0.81 crore in the previous year quarter.


Net revenue of the company rose three fold by 1609.09 per cent at Rs 11.28 crore in January-March quarter of this fiscal as against Rs 0.66 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 776.52 per cent to Rs 11.57 crore from Rs 1.32 crore in year ago period.


Other Income grew by 3300.00 per cent at Rs 0.34 crore versus (Mar`18 Rs 0.01 crore).


Operating Profit slipped by 56.06 per cent to Rs -0.29 crore as against Rs -0.66 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 97.46 per cent in March quarter.


Interest declined by 75.00 per cent y-o-y to Rs 0.01 crore while Taxation increased by 0.00 per cent at Rs 0.13 crore (Mar`18 Rs 0.00 crore).