News Details
Category : Company
Headline : TPI India posts Q2 net loss of Rs 0.35 cr
Date: 21/11/2020 07:00
The company reported standalone net loss during the quarter stood at Rs 0.35 crore as compared to net loss of Rs 0.48 crore in the previous year quarter.

Net revenue of the company rose moderately by 11.09 per cent at Rs 5.01 crore in July-September quarter of this fiscal as against Rs 4.51 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 7.94 per cent to Rs 5.03 crore from Rs 4.66 crore in year ago period.

Operating Profit slipped by 78.57 per cent to Rs -0.03 crore as against Rs -0.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 83.07 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.16 crore