11 Dec 2019 | 8:14 PM


Sam Industries L posts Q2 net loss of Rs 0.43 cr
  Sam Industries Ltd. | 28 Nov 2019 | 03:41 PM
Published on 11-16-2018
The company reported standalone net loss during the quarter stood at Rs 0.43 crore compared to net profit of Rs 0.47 crore in the previous year quarter. 

Net revenue of the company declined substantially by 22.90 per cent at Rs 2.29 crore in July-September quarter of this fiscal as against Rs 2.97 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 6.30 per cent to Rs 2.70 crore from Rs 2.54 crore in year ago period.

Other Income dipped by 77.14 per cent at Rs 0.08 crore versus (Sep`17 Rs 0.35 crore).

Operating Profit slipped by 195.35 per cent to Rs -0.41 crore as against Rs 0.43 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 224.19 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore while Taxation decreased by 114.29 per cent at Rs -0.03 crore (Sep`17 Rs 0.21 crore).