23 Oct 2020 | 2:38 AM

News

COMPANYNEWS
Shirpur Gold Refiner posts Q1 net loss of Rs 2.39 cr
  Shirpur Gold Refinery Ltd. | 17 Jan 2020 | 10:50 AM
Published on 08-13-2019
The company reported standalone net loss during the quarter stood at Rs 2.39 crore compared to net profit of Rs 0.77 crore in the previous year quarter. 


Net revenue of the company declined substantially by 53.08 per cent at Rs 255.08 crore in April-June quarter of this fiscal as against Rs 543.63 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 53.75 per cent to Rs 247.87 crore from Rs 535.92 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.81 crore versus (Jun`18 Rs 0.00 crore).


Operating Profit slipped by 6.36 per cent to Rs 7.22 crore as against Rs 7.71 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 99.30 per cent in June quarter.


Interest grew by 72.78 per cent y-o-y to Rs 8.76 crore