11 Dec 2019 | 12:36 PM

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Bhaskar Agrochemical posts Q1 net loss of Rs 0.52 cr
  Bhaskar Agrochemicals Ltd. | 09 Dec 2019 | 04:01 PM
Published on 08-14-2019
The company reported standalone net loss during the quarter stood at Rs 0.52 crore as compared to net loss of Rs 0.23 crore in the previous year quarter.


Net revenue of the company rose moderately by 10.69 per cent at Rs 7.04 crore in April-June quarter of this fiscal as against Rs 6.36 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 14.59 per cent to Rs 6.99 crore from Rs 6.10 crore in year ago period.


Operating Profit slipped by 80.77 per cent to Rs 0.05 crore as against Rs 0.26 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 83.99 per cent in June quarter.


Interest declined by 3.03 per cent y-o-y to Rs 0.32 crore