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Category :
Company News
Headline :
7NR Retail posts Q3 net loss of Rs 0.47 cr
Date:
10/01/2024 17:30
The company reported standalone net loss during the quarter stood at Rs 0.47 crore compared to net profit of Rs 0.25 crore in the previous year quarter.ΓΏ
Net revenue of the company declined substantially by 74.15 per cent at Rs 1.90 crore in October-December quarter of this fiscal as against Rs 7.35 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 68.57 per cent to Rs 2.26 crore from Rs 7.19 crore in year ago period.
Other Income dipped by 115.79 per cent at Rs -0.03 crore versus (Dec'22 Rs 0.19 crore).
Operating Profit slipped by 325.00 per cent to Rs -0.36 crore as against Rs 0.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 959.17 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore
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