04 Jul 2020 | 5:50 PM

News

COMPANYNEWS
Guj. NRE Coke posts Q2 net loss of Rs 105.88 cr
  Gujarat NRE Coke Ltd. | 09 Feb 2018 | 03:50 PM
Published on 11-15-2017
The company reported standalone net loss during the quarter stood at Rs 105.88 crore as compared to net loss of Rs 110.10 crore in the previous year quarter.


Net revenue of the company rose moderately by 7.74 per cent at Rs 133.25 crore in July-September quarter of this fiscal as against Rs 123.68 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 11.90 per cent to Rs 137.20 crore from Rs 122.61 crore in year ago period.


Other Income dipped by 90.91 per cent at Rs 0.01 crore versus (Sep'16 Rs 0.11 crore).


Operating Profit slipped by 469.16 per cent to Rs -3.95 crore as against Rs 1.07 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 440.23 per cent in September quarter.


Interest declined by 8.95 per cent y-o-y to Rs 87.59 crore