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News Details

Nalwa Sons Investmen posts Q3 net loss of Rs 0.30 cr

Back
15/02/2021 12:40
The company reported standalone net loss during the quarter stood at Rs 0.30 crore compared to net profit of Rs 0.23 crore in the previous year quarter.ΓΏ

Net revenue of the company rose substantially by 60.34 per cent at Rs 4.73 crore in October-December quarter of this fiscal as against Rs 2.95 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 138.97 per cent to Rs 5.09 crore from Rs 2.13 crore in year ago period.





Operating Profit slipped by 143.90 per cent to Rs -0.36 crore as against Rs 0.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 127.54 per cent in December quarter.

Taxation decreased by 109.86 per cent at Rs -0.07 crore (Dec'19 Rs 0.71 crore).