25 Jun 2019 | 10:25 PM

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COMPANYNEWS
Shristi Infrastructu posts Q4 net loss of Rs 0.79 cr
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Published on 05-27-2019
The company reported standalone net loss during the quarter stood at Rs 0.79 crore compared to net profit of Rs 0.78 crore in the previous year quarter. 


Net revenue of the company declined substantially by 73.27 per cent at Rs 5.79 crore in January-March quarter of this fiscal as against Rs 21.66 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 118.28 per cent to Rs -2.85 crore from Rs 15.59 crore in year ago period.


Other Income grew by 148.19 per cent at Rs 2.06 crore versus (Mar`18 Rs 0.83 crore).


Operating Profit surged by 28.82 per cent to Rs 9.03 crore as against Rs 7.01 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 382.03 per cent in March quarter.


Interest grew by 76.11 per cent y-o-y to Rs 11.87 crore while Taxation decreased by 110.71 per cent at Rs -0.03 crore (Mar`18 Rs 0.28 crore).