08 Aug 2020 | 2:53 AM

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COMPANYNEWS
Seasons Furnishi posts Q1 net profit of Rs 0.01 cr
  Seasons Furnishings Ltd. | 15 Jan 2020 | 04:01 PM
Published on 08-13-2019
The company reported standalone net profit during the quarter stood at Rs 0.01 crore compared to net loss of Rs 0.14 crore in the previous year quarter.


Net revenue of the company declined marginally by 2.76 per cent at Rs 1.41 crore in April-June quarter of this fiscal as against Rs 1.45 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 5.76 per cent to Rs 1.31 crore from Rs 1.39 crore in year ago period.


Operating Profit surged by 66.67 per cent to Rs 0.10 crore as against Rs 0.06 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 66.28 per cent in June quarter.


Interest declined by 82.35 per cent y-o-y to Rs 0.03 crore while Taxation increased by 0.00 per cent at Rs 0.03 crore (Jun`18 Rs 0.00 crore).