Detailed News Jul-05-2021 16:51
Dion Global Solution posts Q4 net loss of Rs 0.35 cr
The company reported standalone net loss during the quarter stood at Rs 0.35 crore as compared to net loss of Rs 3.25 crore in the previous year quarter. Net revenue of the company declined marginally by 2.07 per cent at Rs 2.37 crore in January-March quarter of this fiscal as against Rs 2.42 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 28.50 per cent to Rs 2.91 crore from Rs 4.07 crore in year ago period. Other Income grew by 122.38 per cent at Rs 0.32 crore versus (Mar'20 Rs -1.43 crore). Operating Profit slipped by 67.27 per cent to Rs -0.54 crore as against Rs -1.65 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 66.55 per cent in March quarter.