News Details

( As on 30/09/2020 13:20)

Filatex Fashions Q4 net profit up 30.77% at Rs 0.34 cr

The company reported standalone net profit of Rs 0.34 crore for the quarter ended March 31, 2020 as compared to Rs 0.26 crore in the same period last year, registering a year-on-year growth of 30.77 per cent.

Net revenue of the company declined substantially by 71.63 per cent at Rs 3.20 crore in January-March quarter of this fiscal as against Rs 11.28 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 63.87 per cent to Rs 4.18 crore from Rs 11.57 crore in year ago period.

Other Income grew by 355.88 per cent at Rs 1.55 crore versus (Mar'19 Rs 0.34 crore).

Operating Profit surged by 237.93 per cent to Rs -0.98 crore as against Rs -0.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1091.80 per cent in March quarter.

Taxation increased by 0.00 per cent at Rs 0.13 crore (Mar'19 Rs 0.13 crore).