23 Oct 2020 | 3:10 AM

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COMPANYNEWS
Xpro India posts Q2 net loss of Rs 1.80 cr
  Xpro India Ltd. | 16 Jan 2020 | 03:52 PM
Published on 11-07-2019
The company reported standalone net loss during the quarter stood at Rs 1.80 crore compared to net profit of Rs 0.06 crore in the previous year quarter. 


Net revenue of the company declined marginally by 1.88 per cent at Rs 82.91 crore in July-September quarter of this fiscal as against Rs 84.50 crore in the corresponding period last year.


During July-September quarter operating expenses dropped by 2.63 per cent to Rs 77.07 crore from Rs 79.15 crore in year ago period.


Operating Profit surged by 9.16 per cent to Rs 5.84 crore as against Rs 5.35 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 11.20 per cent in September quarter.


Interest declined by 6.44 per cent y-o-y to Rs 4.65 crore