Published on 14/02/2020 2:02:22 PM | Source: Dion Global Solutions Ltd

Winsome Yarns posts Q3 net loss of Rs 21.22 cr

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The company reported standalone net loss during the quarter stood at Rs 21.22 crore as compared to net loss of Rs 5.36 crore in the previous year quarter. Net revenue of the company declined substantially by 67.90 per cent at Rs 20.78 crore in October-December quarter of this fiscal as against Rs 64.73 crore in the corresponding period last year. D

o period. Other Income grew by 57.14 per cent at Rs 0.11 crore versus (Dec'18 Rs 0.07 crore).

Operating Profit surged by 142.45 per cent to Rs -3.37 crore as against Rs -1.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 654.42 per cent in December quarter. Interest declined by 80.00 per cent y-o-y to Rs 0.01 crore