11 Dec 2019 | 1:42 AM

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COMPANYNEWS
A Infrastructure posts Q4 net loss of Rs 1.92 cr
  A Infrastructure Ltd. | 09 Dec 2019 | 04:01 PM
Published on 05-29-2019
The company reported standalone net loss during the quarter stood at Rs 1.92 crore as compared to net loss of Rs 2.27 crore in the previous year quarter.


Net revenue of the company rose moderately by 17.39 per cent at Rs 59.75 crore in January-March quarter of this fiscal as against Rs 50.90 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 15.74 per cent to Rs 58.52 crore from Rs 50.56 crore in year ago period.


Other Income dipped by 91.78 per cent at Rs 0.06 crore versus (Mar`18 Rs 0.73 crore).


Operating Profit surged by 261.76 per cent to Rs 1.23 crore as against Rs 0.34 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 208.96 per cent in March quarter.


Interest declined by 15.28 per cent y-o-y to Rs 1.94 crore while Taxation increased by 48.65 per cent at Rs 0.55 crore (Mar`18 Rs 0.37 crore).