25 Jun 2019 | 10:29 PM

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COMPANYNEWS
Mena Mani Industries posts Q4 net loss of Rs 1.23 cr
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Published on 05-20-2019
The company reported standalone net loss during the quarter stood at Rs 1.23 crore as compared to net loss of Rs 1.27 crore in the previous year quarter.


Net revenue of the company declined substantially by 93.36 per cent at Rs 1.14 crore in January-March quarter of this fiscal as against Rs 17.17 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 91.32 per cent to Rs 1.50 crore from Rs 17.29 crore in year ago period.


Other Income dipped by 53.33 per cent at Rs 0.21 crore versus (Mar`18 Rs 0.45 crore).


Operating Profit surged by 200.00 per cent to Rs -0.36 crore as against Rs -0.12 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 4467.14 per cent in March quarter.


Interest declined by 36.47 per cent y-o-y to Rs 0.54 crore while Taxation increased by 11.11 per cent at Rs -0.90 crore (Mar`18 Rs -0.81 crore).