Detailed News Feb-14-2018 17:59
Dion Global Solution posts Q3 net loss of Rs 7.34 cr
The company reported standalone net loss during the quarter stood at Rs 7.34 crore as compared to net loss of Rs 5.46 crore in the previous year quarter. Net revenue of the company declined moderately by 11.71 per cent at Rs 5.88 crore in October-December quarter of this fiscal as against Rs 6.66 crore in the corresponding period last year. During October-December quarter, operating expenses dropped by 49.29 per cent to Rs 4.28 crore from Rs 8.44 crore in year ago period. Other Income dipped by 94.58 per cent at Rs 0.24 crore versus (Dec'16 Rs 4.43 crore). Operating Profit surged by 189.89 per cent to Rs 1.60 crore as against Rs -1.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 201.87 per cent in December quarter. Interest grew by 13.74 per cent y-o-y to Rs 8.86 crore