Bervin Investment posts Q4 net loss of Rs 1.47 cr
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The company reported standalone net loss during the quarter stood at Rs 1.47 crore as compared to net loss of Rs 0.95 crore in the previous year quarter. Net revenue of the company rose three fold by 1662.50 per cent at Rs 1.41 crore in January-March quarter of this fiscal as against Rs 0.08 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 866.67 per cent to Rs 1.45 crore from Rs 0.15 crore in year ago period.
Other Income grew by 947.37 per cent at Rs 1.61 crore versus (Mar'21 Rs -0.19 crore). Operating Profit slipped by 42.86 per cent to Rs -0.04 crore as against Rs -0.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 96.75 per cent in March quarter. Interest grew by 0.00 per cent y-o-y to Rs 0.08 crore, while Taxation increased by 330.43 per cent at Rs 2.97 crore (Mar'21 Rs 0.69 crore).
