News Details
Category : Corporate
Headline : Brightcom Group posts Q3 net profit of Rs 2.31 cr
Date: 13/02/2019 10:10
The company reported standalone net profit during the quarter stood at Rs 2.31 crore compared to net loss of Rs 1.50 crore in the previous year quarter.

Net revenue of the company declined marginally by 1.72 per cent at Rs 111.05 crore in October-December quarter of this fiscal as against Rs 112.99 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 4.83 per cent to Rs 106.49 crore from Rs 111.90 crore in year ago period.

Other Income grew by 114.47 per cent at Rs 1.63 crore versus (Dec'17 Rs 0.76 crore).

Operating Profit surged by 313.64 per cent to Rs 4.55 crore as against Rs 1.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 322.68 per cent in December quarter.

Interest grew by 24.09 per cent y-o-y to Rs 3.76 crore, while Taxation decreased by 240.00 per cent at Rs -0.14 crore (Dec'17 Rs 0.10 crore).