15 Aug 2020 | 1:04 AM


Computer Point posts Q4 net loss of Rs 0.35 cr
  Computer Point Ltd. | 16 Jan 2020 | 03:41 PM
Published on 06-06-2018
The company reported standalone net loss during the quarter stood at Rs 0.35 crore as compared to net loss of Rs 0.12 crore in the previous year quarter.

Net revenue of the company declined substantially by 67.75 per cent at Rs 3.67 crore in January-March quarter of this fiscal as against Rs 11.38 crore in the corresponding period last year.

During January-March quarter operating expenses dropped by 69.96 per cent to Rs 4.02 crore from Rs 13.38 crore in year ago period.

Other Income dipped by 93.65 per cent at Rs 0.12 crore versus (Mar'17 Rs 1.89 crore).

Operating Profit slipped by 82.50 per cent to Rs -0.35 crore as against Rs -2.00 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 45.95 per cent in March quarter.

Taxation increased by 0.00 per cent at Rs 0.01 crore (Mar'17 Rs 0.00 crore).