18 Feb 2019 | 2:24 AM

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COMPANYNEWS
NoidaTollBridge posts Q3 net loss of Rs 6.50 cr
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Published on 02-11-2019
The company reported standalone net loss during the quarter stood at Rs 6.50 crore as compared to net loss of Rs 15.97 crore in the previous year quarter.


Net revenue of the company rose substantially by 32.83 per cent at Rs 5.30 crore in October-December quarter of this fiscal as against Rs 3.99 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 27.64 per cent to Rs 5.55 crore from Rs 7.67 crore in year ago period.


Other Income dipped by 68.42 per cent at Rs 0.06 crore versus (Dec`17 Rs 0.19 crore).


Operating Profit slipped by 93.21 per cent to Rs -0.25 crore as against Rs -3.68 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 94.86 per cent in December quarter.


Interest grew by 11.67 per cent y-o-y to Rs 2.01 crore while Taxation decreased by 5257.14 per cent at Rs -7.22 crore (Dec`17 Rs 0.14 crore).