17 Jan 2021 | 9:40 PM

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COMPANYNEWS
Prakash Constrowell posts Q4 net loss of Rs 3.04 cr
  Setubandhan Infrastructure Ltd. | 17 Jan 2020 | 10:38 AM
Published on 05-31-2019
The company reported standalone net loss during the quarter stood at Rs 3.04 crore compared to net profit of Rs 2.24 crore in the previous year quarter. 


Net revenue of the company declined moderately by 17.75 per cent at Rs 94.13 crore in January-March quarter of this fiscal as against Rs 114.44 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 11.63 per cent to Rs 97.56 crore from Rs 110.40 crore in year ago period.


Other Income dipped by 11.43 per cent at Rs 1.24 crore versus (Mar`18 Rs 1.40 crore).


Operating Profit slipped by 184.90 per cent to Rs -3.43 crore as against Rs 4.04 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 203.12 per cent in March quarter.


Interest grew by 18.34 per cent y-o-y to Rs 2.00 crore while Taxation decreased by 265.31 per cent at Rs -1.62 crore (Mar`18 Rs 0.98 crore).