24 Sep 2020 | 1:24 PM


Indsil Hydro Power a posts Q2 net loss of Rs 1.52 cr
  Indsil Hydro Power and Manganese Ltd. | 17 Jan 2020 | 10:45 AM
Published on 11-12-2019
The company reported standalone net loss during the quarter stood at Rs 1.52 crore as compared to net loss of Rs 3.61 crore in the previous year quarter.

Net revenue of the company declined substantially by 35.64 per cent at Rs 33.93 crore in July-September quarter of this fiscal as against Rs 52.72 crore in the corresponding period last year.

During July-September quarter operating expenses dropped by 38.02 per cent to Rs 32.44 crore from Rs 52.34 crore in year ago period.

Other Income dipped by 19.49 per cent at Rs 2.52 crore versus (Sep`18 Rs 3.13 crore).

Operating Profit surged by 292.11 per cent to Rs 1.49 crore as against Rs 0.38 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 511.11 per cent in September quarter.

Interest declined by 6.95 per cent y-o-y to Rs 5.22 crore while Taxation increased by 7800.00 per cent at Rs -1.58 crore (Sep`18 Rs -0.02 crore).