12 Dec 2019 | 10:40 PM

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COMPANYNEWS
Sam Industries L posts Q4 net loss of Rs 0.03 cr
  Sam Industries Ltd. | 28 Nov 2019 | 03:41 PM
Published on 05-14-2019
The company reported standalone net loss during the quarter stood at Rs 0.03 crore as compared to net loss of Rs 0.36 crore in the previous year quarter.


Net revenue of the company declined substantially by 22.74 per cent at Rs 2.14 crore in January-March quarter of this fiscal as against Rs 2.77 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 24.76 per cent to Rs 2.31 crore from Rs 3.07 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.13 crore versus (Mar`18 Rs 0.00 crore).


Operating Profit slipped by 22.73 per cent to Rs -0.17 crore as against Rs -0.22 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 1.99 per cent in March quarter.


Interest grew by 200.00 per cent y-o-y to Rs 0.09 crore while Taxation increased by 1900.00 per cent at Rs -0.20 crore (Mar`18 Rs -0.01 crore).