20 Jun 2019 | 3:39 PM

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COMPANYNEWS
Global Capital Mark posts Q4 net loss of Rs 2.71 cr
  Global Capital Markets Ltd. | 18 Jun 2019 | 04:01 PM
Published on 05-22-2019
The company reported standalone net loss during the quarter stood at Rs 2.71 crore as compared to net loss of Rs 0.57 crore in the previous year quarter.


Net revenue of the company rose three fold by 1460.00 per cent at Rs 4.08 crore in January-March quarter of this fiscal as against Rs -0.30 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 796.05 per cent to Rs 6.81 crore from Rs 0.76 crore in year ago period.


Other Income grew by 100.00 per cent at Rs 0.48 crore versus (Mar`18 Rs 0.24 crore).


Operating Profit surged by 157.55 per cent to Rs -2.73 crore as against Rs -1.06 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 118.75 per cent in March quarter.


Interest grew by 100.00 per cent y-o-y to Rs 0.02 crore while Taxation increased by 241.38 per cent at Rs 0.41 crore (Mar`18 Rs -0.29 crore).