|
Category :
Company
Headline :
TGB Banquets posts Q4 net loss of Rs 3.78 cr
Date:
17/05/2022 18:00
The company reported standalone net loss during the quarter stood at Rs 3.78 crore as compared to net loss of Rs 0.69 crore in the previous year quarter.
Net revenue of the company rose substantially by 50.59 per cent at Rs 7.68 crore in January-March quarter of this fiscal as against Rs 5.10 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 84.48 per cent to Rs 12.60 crore from Rs 6.83 crore in year ago period.
Other Income dipped by 66.67 per cent at Rs 0.29 crore versus (Mar'21 Rs 0.87 crore).
Operating Profit surged by 184.39 per cent to Rs -4.92 crore as against Rs -1.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 88.46 per cent in March quarter.
Interest grew by 191.67 per cent y-o-y to Rs 0.70 crore, while Taxation increased by 2408.33 per cent at Rs -3.01 crore (Mar'21 Rs -0.12 crore).
|