12 Dec 2019 | 10:30 PM

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COMPANYNEWS
Shanti Educational I posts Q4 net loss of Rs 0.36 cr
  Shanti Educational Initiatives Ltd. | 12 Dec 2019 | 03:41 PM
Published on 05-31-2019
The company reported standalone net loss during the quarter stood at Rs 0.36 crore as compared to net loss of Rs 0.27 crore in the previous year quarter.


Net revenue of the company rose substantially by 36.95 per cent at Rs 2.78 crore in January-March quarter of this fiscal as against Rs 2.03 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 0.72 per cent to Rs 2.76 crore from Rs 2.78 crore in year ago period.


Other Income dipped by 92.86 per cent at Rs -0.05 crore versus (Mar`18 Rs -0.70 crore).


Operating Profit slipped by 96.23 per cent to Rs 0.02 crore as against Rs 0.53 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 97.80 per cent in March quarter.


Interest declined by 53.85 per cent y-o-y to Rs 0.12 crore while Taxation increased by 124.14 per cent at Rs 0.07 crore (Mar`18 Rs -0.29 crore).