12 Dec 2019 | 2:51 PM

News

COMPANYNEWS
Shree Ram Urban Infr posts Q2 net loss of Rs 7.97 cr
  Shree Ram Urban Infrastructure Ltd. | 21 Mar 2018 | 03:42 PM
Published on 12-15-2017
The company reported standalone net loss during the quarter stood at Rs 7.97 crore as compared to net loss of Rs 1.71 crore in the previous year quarter.


Net revenue of the company rose substantially by 45.73 per cent at Rs 40.25 crore in July-September quarter of this fiscal as against Rs 27.62 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 49.23 per cent to Rs 43.47 crore from Rs 29.13 crore in year ago period.


Other Income dipped by 66.67 per cent at Rs 0.01 crore versus (Sep'16 Rs 0.03 crore).


Operating Profit surged by 112.58 per cent to Rs -3.21 crore as against Rs -1.51 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 45.89 per cent in September quarter.


Interest grew by 1483.33 per cent y-o-y to Rs 4.75 crore