23 Jul 2019 | 3:28 PM

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COMPANYNEWS
VCU Data Management posts Q4 net loss of Rs 0.78 cr
  VCU Data Management Ltd. | 01 Jul 2019 | 04:01 PM
Published on 05-30-2019
The company reported standalone net loss during the quarter stood at Rs 0.78 crore as compared to net loss of Rs 0.97 crore in the previous year quarter.


Net revenue of the company rose substantially by 49.67 per cent at Rs 22.57 crore in January-March quarter of this fiscal as against Rs 15.08 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 46.39 per cent to Rs 24.14 crore from Rs 16.49 crore in year ago period.


Other Income grew by 53.19 per cent at Rs 0.72 crore versus (Mar`18 Rs 0.47 crore).


Operating Profit surged by 11.35 per cent to Rs -1.57 crore as against Rs -1.41 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 25.93 per cent in March quarter.


Taxation increased by 0.00 per cent at Rs -0.08 crore (Mar`18 Rs 0.00 crore).