Bartronics India Ltd posts Q4 net loss of Rs 2.65 cr
31/05/2019 10:40
The company reported standalone net loss during the quarter stood at Rs 2.65 crore as compared to net loss of Rs 9.21 crore in the previous year quarter.

Net revenue of the company rose marginally by 3.49 per cent at Rs 19.56 crore in January-March quarter of this fiscal as against Rs 18.90 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 16.61 per cent to Rs 15.21 crore from Rs 18.24 crore in year ago period.

Other Income dipped by 98.04 per cent at Rs 0.12 crore versus (Mar'18 Rs 6.11 crore).

Operating Profit surged by 559.09 per cent to Rs 4.35 crore as against Rs 0.66 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 535.43 per cent in March quarter.

Interest grew by 0.23 per cent y-o-y to Rs 13.13 crore, while Taxation decreased by 609.09 per cent at Rs -7.28 crore (Mar'18 Rs 1.43 crore).