26 May 2020 | 1:06 PM

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Raghuvir Synth. posts Q4 net loss of Rs 0.23 cr
  Raghuvir Synthetics Ltd. | 14 Jan 2020 | 03:41 PM
Published on 05-29-2018
The company reported standalone net loss during the quarter stood at Rs 0.23 crore compared to net profit of Rs 0.19 crore in the previous year quarter. 


Net revenue of the company declined substantially by 36.50 per cent at Rs 8.56 crore in January-March quarter of this fiscal as against Rs 13.48 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 42.81 per cent to Rs 7.44 crore from Rs 13.01 crore in year ago period.


Other Income dipped by 53.85 per cent at Rs 0.06 crore versus (Mar'17 Rs 0.13 crore).


Operating Profit surged by 133.33 per cent to Rs 1.12 crore as against Rs 0.48 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 270.90 per cent in March quarter.


Interest grew by 2600.00 per cent y-o-y to Rs 0.27 crore while Taxation increased by 272.73 per cent at Rs 0.41 crore (Mar'17 Rs 0.11 crore).