PC Jeweller L posts Q4 net loss of Rs 376.80 cr
31/05/2019 14:10
The company reported standalone net loss during the quarter stood at Rs 376.80 crore compared to net profit of Rs 118.28 crore in the previous year quarter.ΓΏ

Net revenue of the company rose marginally by 4.20 per cent at Rs 2,191.46 crore in January-March quarter of this fiscal as against Rs 2,103.22 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 39.81 per cent to Rs 2,643.64 crore from Rs 1,890.89 crore in year ago period.

Other Income grew by 10.90 per cent at Rs 12.51 crore versus (Mar'18 Rs 11.28 crore).

Operating Profit slipped by 312.96 per cent to Rs -452.18 crore as against Rs 212.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 304.26 per cent in March quarter.

Interest declined by 14.82 per cent y-o-y to Rs 71.25 crore, while Taxation decreased by 944.57 per cent at Rs -137.75 crore (Mar'18 Rs 16.31 crore).