media

Markets

Market Nav

News Details

19/11/2019 18:40

BNK Capital Mark posts Q2 net loss of Rs 0.11 cr

The company reported standalone net loss during the quarter stood at Rs 0.11 crore compared to net profit of Rs 1.37 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 40.77 per cent at Rs 1.83 crore in July-September quarter of this fiscal as against Rs 1.30 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 170.31 per cent to Rs 1.73 crore from Rs 0.64 crore in year ago period.

Operating Profit slipped by 86.36 per cent to Rs 0.09 crore as against Rs 0.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 90.07 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 43.48 per cent at Rs 0.13 crore (Sep'18 Rs 0.23 crore).