19 Jan 2021 | 3:11 PM

News

COMPANYNEWS
Sri Adhikari Bro posts Q2 net loss of Rs 17.26 cr
  Sri Adhikari Brothers Television Network Ltd. | 17 Jan 2020 | 10:45 AM
Published on 11-16-2018
The company reported standalone net loss during the quarter stood at Rs 17.26 crore as compared to net loss of Rs 12.79 crore in the previous year quarter.


Net revenue of the company declined substantially by 71.55 per cent at Rs 4.12 crore in July-September quarter of this fiscal as against Rs 14.48 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 24.33 per cent to Rs 12.13 crore from Rs 16.03 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.52 crore versus (Sep`17 Rs 0.00 crore).


Operating Profit surged by 420.13 per cent to Rs -8.01 crore as against Rs -1.54 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 1725.89 per cent in September quarter.


Interest declined by 33.51 per cent y-o-y to Rs 3.71 crore