16 Dec 2019 | 11:08 AM

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COMPANYNEWS
Syncom Healthcare Lt posts Q2 net loss of Rs 0.02 cr
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Published on 11-16-2019
The company reported standalone net loss during the quarter stood at Rs 0.02 crore as compared to net loss of Rs 0.75 crore in the previous year quarter.


Net revenue of the company declined substantially by 69.21 per cent at Rs 4.61 crore in July-September quarter of this fiscal as against Rs 14.97 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 72.93 per cent to Rs 4.05 crore from Rs 14.96 crore in year ago period.


Other Income grew by 1100.00 per cent at Rs 0.12 crore versus (Sep`18 Rs 0.01 crore).


Operating Profit surged by 5500.00 per cent to Rs 0.56 crore as against Rs 0.01 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 20266.67 per cent in September quarter.


Interest grew by 366.67 per cent y-o-y to Rs 0.14 crore