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Optiemus Infracom reports standalone net loss of Rs 3.45 crore in the March 2019 quarter

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Capital Market

Sales decline 78.10% to Rs 64.24 crore

Net loss of Optiemus Infracom reported to Rs 3.45 crore in the quarter ended March 2019 as against net profit of Rs 18.95 crore during the previous quarter ended March 2018. Sales declined 78.10% to Rs 64.24 crore in the quarter ended March 2019 as against Rs 293.40 crore during the previous quarter ended March 2018.

For the full year,net profit declined 91.01% to Rs 2.22 crore in the year ended March 2019 as against Rs 24.69 crore during the previous year ended March 2018. Sales declined 34.29% to Rs 401.07 crore in the year ended March 2019 as against Rs 610.32 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales64.24293.40 -78 401.07610.32 -34 OPM %-60.6311.87 --2.7511.04 - PBDT-3.9132.38 PL 12.6349.10 -74 PBT-6.9028.84 PL 1.8736.54 -95 NP-3.4518.95 PL 2.2224.69 -91

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First Published: Jun 07 2019 | 5:21 PM IST

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