23 Jan 2020 | 7:53 PM

News

COMPANYNEWS
KSL and Industries L posts Q2 net loss of Rs 16.52 cr
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Published on 12-07-2019
The company reported standalone net loss during the quarter stood at Rs 16.52 crore as compared to net loss of Rs 14.02 crore in the previous year quarter.


Net revenue of the company rose moderately by 11.37 per cent at Rs 5.68 crore in July-September quarter of this fiscal as against Rs 5.10 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 13.73 per cent to Rs 9.24 crore from Rs 10.71 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 3.50 crore versus (Sep`18 Rs 0.00 crore).


Operating Profit slipped by 264.81 per cent to Rs -3.56 crore as against Rs 2.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 248.00 per cent in September quarter.