16 Dec 2019 | 8:34 AM

News

COMPANYNEWS
Provogue (India) posts Q3 net loss of Rs 14.67 cr
  Provogue (India) Ltd. | 14 Nov 2019 | 03:41 PM
Published on 02-14-2019
The company reported standalone net loss during the quarter stood at Rs 14.67 crore as compared to net loss of Rs 57.17 crore in the previous year quarter.


Net revenue of the company rose triple digit by 141.66 per cent at Rs 25.93 crore in October-December quarter of this fiscal as against Rs 10.73 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 43.79 per cent to Rs 28.17 crore from Rs 50.12 crore in year ago period.


Other Income dipped by 89.36 per cent at Rs 0.15 crore versus (Dec`17 Rs 1.41 crore).


Operating Profit slipped by 94.31 per cent to Rs -2.24 crore as against Rs -39.39 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 97.65 per cent in December quarter.


Interest grew by 0.00 per cent y-o-y to Rs 10.10 crore while Taxation increased by 42.68 per cent at Rs 2.34 crore (Dec`17 Rs 1.64 crore).