13 Dec 2019 | 6:17 AM


Gemini Communication posts Q2 net loss of Rs 0.50 cr
  Gemini Communication Ltd. | 12 Apr 2019 | 03:33 PM
Published on 11-20-2017
The company reported standalone net loss during the quarter stood at Rs 0.50 crore as compared to net loss of Rs 0.46 crore in the previous year quarter.

Net revenue of the company declined substantially by 30.40 per cent at Rs 1.58 crore in July-September quarter of this fiscal as against Rs 2.27 crore in the corresponding period last year.

During July-September quarter operating expenses dropped by 26.44 per cent to Rs 1.92 crore from Rs 2.61 crore in year ago period.

Operating Profit slipped by 2.86 per cent to Rs -0.34 crore as against Rs -0.35 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 40.05 per cent in September quarter.