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Jayatma Industries posts Q2 net loss of Rs 0.13 cr

Share Source By

Dion Global

14 Nov 2024

The company reported standalone net loss during the quarter stood at Rs 0.13 crore compared to net profit of Rs 0.02 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 55.09 per cent at Rs 2.47 crore in July-September quarter of this fiscal as against Rs 5.50 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 55.70 per cent to Rs 2.41 crore from Rs 5.44 crore in year ago period.

Other Income dipped by 74.42 per cent at Rs 0.11 crore versus (Sep'23 Rs 0.43 crore).

Operating Profit surged by 0.00 per cent to Rs 0.06 crore as against Rs 0.06 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 101.72 per cent in September quarter.

Interest declined by 58.97 per cent y-o-y to Rs 0.16 crore