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Category :
Company News
Headline :
MFL India posts Q3 net loss of Rs 0.43 cr
Date:
13/02/2024 17:02
The company reported standalone net loss during the quarter stood at Rs 0.43 crore as compared to net loss of Rs 0.04 crore in the previous year quarter.
Net revenue of the company rose three fold by 557.21 per cent at Rs 14.13 crore in October-December quarter of this fiscal as against Rs 2.15 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 557.34 per cent to Rs 14.33 crore from Rs 2.18 crore in year ago period.
Other Income grew by 1500.00 per cent at Rs 0.16 crore versus (Dec'22 Rs 0.01 crore).
Operating Profit surged by 600.00 per cent to Rs -0.21 crore as against Rs -0.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.58 per cent in December quarter.
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