29 Feb 2020 | 11:16 AM

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COMPANYNEWS
5Paisa Capital posts Q3 net loss of Rs 2.15 cr
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Published on 01-17-2020
The company reported standalone net loss during the quarter stood at Rs 2.15 crore as compared to net loss of Rs 3.53 crore in the previous year quarter.


Net revenue of the company rose substantially by 40.74 per cent at Rs 26.67 crore in October-December quarter of this fiscal as against Rs 18.95 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 18.14 per cent to Rs 25.46 crore from Rs 21.55 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.11 crore versus (Dec`18 Rs 0.00 crore).


Operating Profit surged by 146.54 per cent to Rs 1.21 crore as against Rs -2.60 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 133.14 per cent in December quarter.


Interest grew by 48.50 per cent y-o-y to Rs 2.97 crore while Taxation decreased by 48.94 per cent at Rs -0.72 crore (Dec`18 Rs -1.41 crore).