25 Sep 2020 | 3:53 AM


Insilco posts Q2 net loss of Rs 1.35 cr
  Insilco Ltd. | 17 Jan 2020 | 10:49 AM
Published on 11-12-2019
The company reported standalone net loss during the quarter stood at Rs 1.35 crore as compared to net loss of Rs 1.12 crore in the previous year quarter.

Net revenue of the company declined moderately by 14.39 per cent at Rs 20.94 crore in July-September quarter of this fiscal as against Rs 24.46 crore in the corresponding period last year.

During July-September quarter operating expenses dropped by 12.85 per cent to Rs 22.59 crore from Rs 25.92 crore in year ago period.

Other Income grew by 8.79 per cent at Rs 0.99 crore versus (Sep`18 Rs 0.91 crore).

Operating Profit surged by 13.01 per cent to Rs -1.65 crore as against Rs -1.46 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 31.99 per cent in September quarter.

Taxation increased by 0.00 per cent at Rs -0.02 crore (Sep`18 Rs -0.02 crore).