12 Dec 2019 | 10:31 PM

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COMPANYNEWS
Paramount Cosmet posts Q4 net loss of Rs 0.17 cr
  Paramount Cosmetics (I) Ltd. | 12 Dec 2019 | 03:33 PM
Published on 07-01-2019
The company reported standalone net loss during the quarter stood at Rs 0.17 crore as compared to net loss of Rs 0.13 crore in the previous year quarter.


Net revenue of the company rose substantially by 70.69 per cent at Rs 7.22 crore in January-March quarter of this fiscal as against Rs 4.23 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 77.13 per cent to Rs 5.81 crore from Rs 3.28 crore in year ago period.


Other Income dipped by 103.33 per cent at Rs -0.01 crore versus (Mar`18 Rs 0.30 crore).


Operating Profit surged by 48.42 per cent to Rs 1.41 crore as against Rs 0.95 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 12.78 per cent in March quarter.


Interest declined by 26.58 per cent y-o-y to Rs 0.58 crore while Taxation increased by 236.84 per cent at Rs 0.64 crore (Mar`18 Rs 0.19 crore).