26 May 2020 | 1:15 PM

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COMPANYNEWS
Jamshri Ranjits posts Q2 net loss of Rs 2.51 cr
  Jamshri Realty Ltd. | 16 Jan 2020 | 03:41 PM
Published on 12-14-2017
The company reported standalone net loss during the quarter stood at Rs 2.51 crore compared to net profit of Rs 0.42 crore in the previous year quarter. 


Net revenue of the company declined substantially by 48.27 per cent at Rs 12.40 crore in July-September quarter of this fiscal as against Rs 23.97 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 37.70 per cent to Rs 14.16 crore from Rs 22.73 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.02 crore versus (Sep'16 Rs 0.02 crore).


Operating Profit slipped by 241.94 per cent to Rs -1.76 crore as against Rs 1.24 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 374.85 per cent in September quarter.


Interest declined by 3.92 per cent y-o-y to Rs 0.49 crore