07 Dec 2019 | 2:51 AM

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COMPANYNEWS
SI Capital & Fin posts Q2 net loss of Rs 0.01 cr
  SI Capital & Financial Services Ltd. | 04 Oct 2019 | 04:01 PM
Published on 12-07-2018
The company reported standalone net loss during the quarter stood at Rs 0.01 crore as compared to net loss of Rs 0.09 crore in the previous year quarter.


Net revenue of the company declined moderately by 15.22 per cent at Rs 1.56 crore in July-September quarter of this fiscal as against Rs 1.84 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 14.58 per cent to Rs 1.64 crore from Rs 1.92 crore in year ago period.


Other Income grew by 300.00 per cent at Rs 0.04 crore versus (Sep`17 Rs 0.01 crore).


Operating Profit slipped by 22.22 per cent to Rs -0.07 crore as against Rs -0.09 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 0.21 per cent in September quarter.