News Details
Category : Company
Headline : Almondz Global Secur Q3 net profit down 55.56% at Rs 0.16 cr
Date: 11/02/2019 16:50
The company reported standalone net profit of Rs 0.16 crore for the quarter ended December 31, 2018 as compared to Rs 0.36 crore in the same period last year, registering a year-on-year decline of 55.56 per cent.

Net revenue of the company declined substantially by 38.04 per cent at Rs 8.65 crore in October-December quarter of this fiscal as against Rs 13.96 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 33.38 per cent to Rs 8.96 crore from Rs 13.45 crore in year ago period.

Other Income dipped by 13.75 per cent at Rs 0.69 crore versus (Dec'17 Rs 0.80 crore).

Operating Profit slipped by 160.78 per cent to Rs -0.31 crore as against Rs 0.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 198.08 per cent in December quarter.

Interest declined by 97.01 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 90.00 per cent at Rs 0.01 crore (Dec'17 Rs 0.10 crore).