17 Jan 2021 | 2:54 AM

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Sri Adhikari Bro posts Q4 net loss of Rs 11.55 cr
  Sri Adhikari Brothers Television Network Ltd. | 17 Jan 2020 | 10:45 AM
Published on 05-31-2018
The company reported standalone net loss during the quarter stood at Rs 11.55 crore as compared to net loss of Rs 3.33 crore in the previous year quarter.


Net revenue of the company declined substantially by 79.79 per cent at Rs 7.80 crore in January-March quarter of this fiscal as against Rs 38.59 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 67.51 per cent to Rs 9.60 crore from Rs 29.55 crore in year ago period.


Other Income grew by 550.00 per cent at Rs 0.26 crore versus (Mar'17 Rs 0.04 crore).


Operating Profit slipped by 120.02 per cent to Rs -1.81 crore as against Rs 9.04 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 198.97 per cent in March quarter.


Interest declined by 124.32 per cent y-o-y to Rs -1.25 crore while Taxation increased by 451.59 per cent at Rs 5.52 crore (Mar'17 Rs -1.57 crore).