24 Oct 2020 | 3:26 AM

News

COMPANYNEWS
Milestone Global Q1 net profit zooms 400.00% at Rs 0.05 cr
  Milestone Global Ltd. | 23 Oct 2019 | 03:33 PM
Published on 08-13-2019
The company reported standalone net profit of Rs 0.05 crore for the quarter ended June 30 2019 as compared to Rs 0.01 crore in the same period last year registering a year-on-year growth of 400.00 per cent.


Net revenue of the company rose substantially by 24.11 per cent at Rs 2.78 crore in April-June quarter of this fiscal as against Rs 2.24 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 25.24 per cent to Rs 2.63 crore from Rs 2.10 crore in year ago period.


Other Income grew by 100.00 per cent at Rs 0.02 crore versus (Jun`18 Rs 0.01 crore).


Operating Profit surged by 7.14 per cent to Rs 0.15 crore as against Rs 0.14 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 9.15 per cent in June quarter.


Interest grew by 0.00 per cent y-o-y to Rs 0.06 crore