26 May 2020 | 1:18 PM

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COMPANYNEWS
Dai Ichi Karkari posts Q2 net loss of Rs 8.01 cr
  Dai Ichi Karkaria Ltd. | 17 Jan 2020 | 10:51 AM
Published on 11-14-2019
The company reported standalone net loss during the quarter stood at Rs 8.01 crore as compared to net loss of Rs 4.57 crore in the previous year quarter.


Net revenue of the company rose substantially by 31.91 per cent at Rs 27.20 crore in July-September quarter of this fiscal as against Rs 20.62 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 18.70 per cent to Rs 27.86 crore from Rs 23.47 crore in year ago period.


Other Income grew by 396.43 per cent at Rs 1.39 crore versus (Sep`18 Rs 0.28 crore).


Operating Profit slipped by 76.84 per cent to Rs -0.66 crore as against Rs -2.85 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 82.42 per cent in September quarter.


Interest grew by 37.63 per cent y-o-y to Rs 2.56 crore