trending Market Intelligence /marketintelligence/en/news-insights/trending/LLSfrzSLWKmk2Z69byXSpg2 content esgSubNav
In This List

Sampre Nutritions swings to loss in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Sampre Nutritions swings to loss in fiscal Q1

Sampre Nutritions Ltd. said its normalized net income for the fiscal first quarter ended June 30 was a loss of 34 Indian paise per share, compared with 30 paise per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 1.7 million rupees, compared with income of 1.5 million rupees in the prior-year period.

The normalized profit margin fell to negative 8.6% from 4.5% in the year-earlier period.

Total revenue fell 41.0% on an annual basis to 19.3 million rupees from 32.8 million rupees, and total operating expenses declined 27.4% on an annual basis to 22.1 million rupees from 30.4 million rupees.

Reported net income totaled a loss of 2.7 million rupees, or a loss of 55 paise per share, compared to income of 2.4 million rupees, or 48 paise per share, in the prior-year period.

As of Aug. 8, US$1 was equivalent to 61.15 Indian rupees.