19 Jan 2021 | 3:41 AM

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SBEC Sugar Lt posts Q2 net loss of Rs 4.78 cr
  SBEC Sugar Ltd. | 17 Jan 2020 | 10:49 AM
Published on 11-14-2019
The company reported standalone net loss during the quarter stood at Rs 4.78 crore as compared to net loss of Rs 18.82 crore in the previous year quarter.


Net revenue of the company rose triple digit by 143.66 per cent at Rs 114.08 crore in July-September quarter of this fiscal as against Rs 46.82 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 81.32 per cent to Rs 109.99 crore from Rs 60.66 crore in year ago period.


Other Income dipped by 3900.00 per cent at Rs -0.38 crore versus (Sep`18 Rs 0.01 crore).


Operating Profit surged by 129.48 per cent to Rs 4.08 crore as against Rs -13.84 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 112.11 per cent in September quarter.


Interest grew by 560.00 per cent y-o-y to Rs 3.96 crore