09 Dec 2019 | 1:18 AM

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COMPANYNEWS
Maxheights Infra posts Q4 net loss of Rs 0.19 cr
  Maxheights Infrastructure Ltd. | 06 Dec 2019 | 03:41 PM
Published on 05-31-2019
The company reported standalone net loss during the quarter stood at Rs 0.19 crore as compared to net loss of Rs 0.02 crore in the previous year quarter.


Net revenue of the company rose triple digit by 188.89 per cent at Rs 1.04 crore in January-March quarter of this fiscal as against Rs 0.36 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 342.11 per cent to Rs 0.84 crore from Rs 0.19 crore in year ago period.


Operating Profit surged by 25.00 per cent to Rs 0.20 crore as against Rs 0.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 57.76 per cent in March quarter.


Interest grew by 233.33 per cent y-o-y to Rs 0.10 crore while Taxation increased by 91.67 per cent at Rs 0.23 crore (Mar`18 Rs 0.12 crore).