18 Feb 2019 | 2:33 AM

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COMPANYNEWS
Punj. Communica posts Q3 net loss of Rs 1.69 cr
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Published on 02-12-2019
The company reported standalone net loss during the quarter stood at Rs 1.69 crore as compared to net loss of Rs 2.29 crore in the previous year quarter.


Net revenue of the company declined moderately by 15.17 per cent at Rs 8.11 crore in October-December quarter of this fiscal as against Rs 9.56 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 13.96 per cent to Rs 11.90 crore from Rs 13.83 crore in year ago period.


Other Income grew by 9.77 per cent at Rs 2.36 crore versus (Dec`17 Rs 2.15 crore).


Operating Profit slipped by 11.24 per cent to Rs -3.79 crore as against Rs -4.27 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 4.89 per cent in December quarter.


Interest grew by 500.00 per cent y-o-y to Rs 0.12 crore