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( As on 13/02/2019 09:30) 63 Moons Technologie posts Q3 net loss of Rs 26.33 cr

The company reported standalone net loss during the quarter stood at Rs 26.33 crore compared to net profit of Rs 2.33 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 24.07 per cent at Rs 39.79 crore in October-December quarter of this fiscal as against Rs 32.07 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 10.56 per cent to Rs 66.61 crore from Rs 60.25 crore in year ago period.

Other Income dipped by 11.71 per cent at Rs 42.58 crore versus (Dec'17 Rs 48.23 crore).

Operating Profit slipped by 4.99 per cent to Rs -26.48 crore as against Rs -27.87 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.40 per cent in December quarter.

Interest declined by 8.39 per cent y-o-y to Rs 1.31 crore, while Taxation increased by 9.62 per cent at Rs 5.13 crore (Dec'17 Rs 4.68 crore).
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