17 Jan 2021 | 2:42 AM

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Sheetal Diamonds posts Q2 net loss of Rs 0.70 cr
  Sheetal Diamonds Ltd. | 02 Jan 2020 | 04:01 PM
Published on 11-18-2019
The company reported standalone net loss during the quarter stood at Rs 0.70 crore compared to net profit of Rs 0.68 crore in the previous year quarter. 


Net revenue of the company rose moderately by 15.50 per cent at Rs 5.44 crore in July-September quarter of this fiscal as against Rs 4.71 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 43.28 per cent to Rs 6.29 crore from Rs 4.39 crore in year ago period.


Other Income dipped by 60.98 per cent at Rs 0.16 crore versus (Sep`18 Rs 0.41 crore).


Operating Profit slipped by 374.19 per cent to Rs -0.85 crore as against Rs 0.31 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 332.88 per cent in September quarter.