13 Aug 2020 | 11:03 AM


CNI Research posts Q2 net loss of Rs 1.15 cr
  CNI Research Ltd. | 16 Jan 2020 | 03:41 PM
Published on 11-14-2017
The company reported standalone net loss during the quarter stood at Rs 1.15 crore compared to net profit of Rs 0.02 crore in the previous year quarter. 

Net revenue of the company rose triple digit by 139.22 per cent at Rs 1.22 crore in July-September quarter of this fiscal as against Rs 0.51 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 383.67 per cent to Rs 2.37 crore from Rs 0.49 crore in year ago period.

Operating Profit slipped by 5850.00 per cent to Rs -1.15 crore as against Rs 0.02 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 2485.06 per cent in September quarter.