20 Jun 2019 | 3:53 PM

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COMPANYNEWS
Xelpmoc Design and T posts Q4 net loss of Rs 1.29 cr
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Published on 05-25-2019
The company reported standalone net loss during the quarter stood at Rs 1.29 crore as compared to net loss of Rs 1.19 crore in the previous year quarter.


Net revenue of the company declined substantially by 48.04 per cent at Rs 1.46 crore in January-March quarter of this fiscal as against Rs 2.81 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 27.41 per cent to Rs 2.86 crore from Rs 3.94 crore in year ago period.


Other Income grew by 142.86 per cent at Rs 0.17 crore versus (Mar`18 Rs 0.07 crore).


Operating Profit surged by 23.89 per cent to Rs -1.40 crore as against Rs -1.13 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 139.00 per cent in March quarter.


Taxation decreased by 110.00 per cent at Rs -0.01 crore (Mar`18 Rs 0.10 crore).