09 Dec 2019 | 6:20 AM


Tarapur Transformers posts Q2 net loss of Rs 0.21 cr
  Tarapur Transformers Ltd. | 06 Dec 2019 | 03:41 PM
Published on 11-15-2019
The company reported standalone net loss during the quarter stood at Rs 0.21 crore compared to net profit of Rs 0.05 crore in the previous year quarter. 

Net revenue of the company rose triple digit by 150.25 per cent at Rs 4.98 crore in July-September quarter of this fiscal as against Rs 1.99 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 162.19 per cent to Rs 5.27 crore from Rs 2.01 crore in year ago period.

Other Income dipped by 5.45 per cent at Rs 0.52 crore versus (Sep`18 Rs 0.55 crore).

Operating Profit surged by 1350.00 per cent to Rs -0.29 crore as against Rs -0.02 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 456.31 per cent in September quarter.