Home breadcru News breadcru Results breadcru Mandhana Retail Ventures Q3 YoY revenue slips to ₹139 cr

Mandhana Retail Ventures Q3 YoY revenue slips to ₹139 cr

03 Mar '20
1 min read
Pic: The Mandhana Retail Ventures/ Being Human
Pic: The Mandhana Retail Ventures/ Being Human

The Mandhana Retail Ventures Limited, an India-based retail company, announced its revenue from operations reduced to ₹57.5 crore in third quarter (Q3) FY20, that ended on December 31, 2019, compared to ₹69.7 crore in same period prior year. Revenue for Q3 Year-over-Year (YoY) basis decreased to ₹138.8 crore compared to ₹170.5 crore in FY19. 
 
Total income in the quarter and YoY basis was ₹57.61 crore and ₹140.32 crore respectively. Revenues from export in Q3 FY20 increased to ₹7.81 crore compared to ₹4.88 crore in same period prior year. Domestic revenue stood at ₹49.79 crore in Q3.
 
Total expense in Q3 FY20 stood at ₹56.97 crore compared to ₹68.87 crore same period prior year. Total expense in Q3 YoY decreased to ₹145.91 crore from ₹169.7 crore in same period prior year. 
 
Profit before tax in Q3 FY20 decreased to ₹63.67 lacs. Company reported a loss before tax in Q3 YoY basis of ₹5.59 crore compared to profit of ₹1.41 crore in same period prior year.

ALCHEMPro News Desk (JL)

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