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Novateor Research Laboratories: Net loss reached Rs.0.79 lacs against PAT of Rs.21.84 lacs despite rise in revenue to Rs.66.31 lacs against Rs.51.41 lacs YoY


Novateor Research Laboratories: HY2-2019 net loss stood at Rs.1.94 lacs against HY2-2018 PAT of Rs.21.73 lacs, despite rise in revenue by Rs.3.99 lacs.

The revenue of Novateor Research Laboratories stood at Rs.38.77 lacs in HY2 of FY2019-20 which was Rs.34.78 lacs in the previous year same period.

In HY2 of FY2019-20 the loss after tax reached Rs.1.94 lacs whereas it was profit after tax of Rs.21.73 lacs in previous year corresponding period.

Loss per share for the current half year was Rs.0.04 as against profit per share of Rs.0.73 in previous year same period.

By the end of financial year 2019-20, revenue of the company reached Rs.66.31 lacs and net loss was Rs.0.79 lacs with loss per share of Rs.0.02.

In the preceding year the companys revenue was Rs.51.41 lacs with PAT of Rs.21.84 lacs.


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