24 Jul 2019 | 10:58 AM

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VXL Instrument posts Q3 net loss of Rs 3.29 cr
  VXL Instruments Ltd. | 23 Jul 2019 | 04:01 PM
Published on 01-29-2019
The company reported standalone net loss during the quarter stood at Rs 3.29 crore compared to net profit of Rs 0.06 crore in the previous year quarter. 


Net revenue of the company declined substantially by 72.97 per cent at Rs 3.76 crore in October-December quarter of this fiscal as against Rs 13.91 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 46.06 per cent to Rs 7.32 crore from Rs 13.57 crore in year ago period.


Operating Profit slipped by 1147.06 per cent to Rs -3.56 crore as against Rs 0.34 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 3960.82 per cent in December quarter.


Interest declined by 23.81 per cent y-o-y to Rs 0.16 crore while Taxation increased by 0.00 per cent at Rs -0.90 crore (Dec`17 Rs 0.00 crore).