23 Oct 2020 | 3:14 AM

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Kratos Energy & Infr posts Q1 net loss of Rs 0.22 cr
  Kratos Energy & Infrastructure Ltd. | 23 Oct 2019 | 03:41 PM
Published on 08-16-2019
The company reported standalone net loss during the quarter stood at Rs 0.22 crore compared to net profit of Rs 0.53 crore in the previous year quarter. 


Net revenue of the company declined substantially by 25.93 per cent at Rs 1.20 crore in April-June quarter of this fiscal as against Rs 1.62 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 28.07 per cent to Rs 1.46 crore from Rs 1.14 crore in year ago period.


Other Income dipped by 16.67 per cent at Rs 0.05 crore versus (Jun`18 Rs 0.06 crore).


Operating Profit slipped by 155.32 per cent to Rs -0.26 crore as against Rs 0.47 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 175.26 per cent in June quarter.