News Details
Category : Corporate
Headline : Olympic Cards posts Q3 net loss of Rs 1.19 cr
Date: 14/02/2024 17:33
The company reported standalone net loss during the quarter stood at Rs 1.19 crore as compared to net loss of Rs 0.82 crore in the previous year quarter.

Net revenue of the company rose by 0.34 per cent at Rs 2.98 crore in October-December quarter of this fiscal as against Rs 2.97 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 1.18 per cent to Rs 3.44 crore from Rs 3.40 crore in year ago period.

Other Income dipped by 95.88 per cent at Rs 0.04 crore versus (Dec'22 Rs 0.97 crore).

Operating Profit surged by 6.98 per cent to Rs -0.46 crore as against Rs -0.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.08 per cent in December quarter.

Interest declined by 30.53 per cent y-o-y to Rs 0.66 crore, while Taxation increased by 2800.00 per cent at Rs -0.29 crore (Dec'22 Rs -0.01 crore).