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Kalyanpur Cement posts Q2 net loss of Rs 19.84 cr
  Kalyanpur Cement Ltd. | 25 Apr 2018 | 03:41 PM
Published on 11-11-2017
The company reported standalone net loss during the quarter stood at Rs 19.84 crore as compared to net loss of Rs 22.24 crore in the previous year quarter.


Net revenue of the company declined substantially by 68.52 per cent at Rs 6.12 crore in July-September quarter of this fiscal as against Rs 19.44 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 49.27 per cent to Rs 17.79 crore from Rs 35.07 crore in year ago period.


Other Income grew by 1700.00 per cent at Rs 0.18 crore versus (Sep'16 Rs 0.01 crore).


Operating Profit slipped by 25.34 per cent to Rs -11.67 crore as against Rs -15.63 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 137.14 per cent in September quarter.


Interest grew by 31.18 per cent y-o-y to Rs 7.53 crore