News Details
Category : Company
Headline : Terrascope Ventures posts Q2 net loss of Rs 0.39 cr
Date: 21/11/2020 07:00
The company reported standalone net loss during the quarter stood at Rs 0.39 crore compared to net profit of Rs 0.06 crore in the previous year quarter.ΓΏ

Net revenue of the company rose three fold by 5088.24 per cent at Rs 8.82 crore in July-September quarter of this fiscal as against Rs 0.17 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 8263.64 per cent to Rs 9.20 crore from Rs 0.11 crore in year ago period.

Other Income grew by 0.00 per cent at Rs -0.02 crore versus (Sep'19 Rs 0.00 crore).

Operating Profit slipped by 716.67 per cent to Rs -0.37 crore as against Rs 0.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 112.31 per cent in September quarter.