26 May 2020 | 12:32 PM

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COMPANYNEWS
Dai Ichi Karkari posts Q1 net loss of Rs 5.60 cr
  Dai Ichi Karkaria Ltd. | 17 Jan 2020 | 10:51 AM
Published on 08-13-2019
The company reported standalone net loss during the quarter stood at Rs 5.60 crore as compared to net loss of Rs 1.24 crore in the previous year quarter.


Net revenue of the company declined moderately by 18.13 per cent at Rs 23.21 crore in April-June quarter of this fiscal as against Rs 28.35 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 18.62 per cent to Rs 24.34 crore from Rs 29.91 crore in year ago period.


Other Income dipped by 79.88 per cent at Rs 0.33 crore versus (Jun`18 Rs 1.64 crore).


Operating Profit slipped by 27.56 per cent to Rs -1.13 crore as against Rs -1.56 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 11.45 per cent in June quarter.


Interest grew by 362.50 per cent y-o-y to Rs 2.59 crore