09 Dec 2019 | 1:12 AM

News

COMPANYNEWS
CHL posts Q1 net loss of Rs 1.15 cr
  CHL Ltd. | 04 Dec 2019 | 03:41 PM
Published on 08-13-2019
The company reported standalone net loss during the quarter stood at Rs 1.15 crore compared to net profit of Rs 0.81 crore in the previous year quarter. 


Net revenue of the company declined substantially by 24.32 per cent at Rs 10.83 crore in April-June quarter of this fiscal as against Rs 14.31 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 4.06 per cent to Rs 12.31 crore from Rs 11.83 crore in year ago period.


Other Income grew by 604.17 per cent at Rs 1.69 crore versus (Jun`18 Rs 0.24 crore).


Operating Profit slipped by 159.68 per cent to Rs -1.48 crore as against Rs 2.48 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 178.97 per cent in June quarter.


Interest declined by 15.56 per cent y-o-y to Rs 0.76 crore