20 Jun 2019 | 3:39 PM

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COMPANYNEWS
Supremex Shine Steel posts Q4 net loss of Rs 0.03 cr
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Published on 05-21-2019
The company reported standalone net loss during the quarter stood at Rs 0.03 crore compared to net profit of Rs 0.14 crore in the previous year quarter. 


Net revenue of the company rose substantially by 53.49 per cent at Rs 2.64 crore in January-March quarter of this fiscal as against Rs 1.72 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 72.44 per cent to Rs 2.69 crore from Rs 1.56 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.06 crore versus (Mar`18 Rs 0.00 crore).


Operating Profit slipped by 131.25 per cent to Rs -0.05 crore as against Rs 0.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 119.35 per cent in March quarter.


Taxation increased by 100.00 per cent at Rs 0.04 crore (Mar`18 Rs 0.02 crore).