19 Jan 2021 | 2:51 PM


Shardul Securities L posts Q1 net loss of Rs 2.00 cr
  Shardul Securities Ltd. | 16 Jan 2020 | 03:41 PM
Published on 09-16-2019
The company reported standalone net loss during the quarter stood at Rs 2.00 crore compared to net profit of Rs 0.01 crore in the previous year quarter. 

Net revenue of the company rose triple digit by 118.18 per cent at Rs 3.12 crore in April-June quarter of this fiscal as against Rs 1.43 crore in the corresponding period last year.

During April-June quarter operating expenses increased by 200.00 per cent to Rs 4.83 crore from Rs 1.61 crore in year ago period.

Operating Profit surged by 800.00 per cent to Rs -1.71 crore as against Rs -0.19 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 320.84 per cent in June quarter.

Taxation increased by 175.00 per cent at Rs 0.21 crore (Jun`18 Rs -0.28 crore).