trending Market Intelligence /marketintelligence/en/news-insights/trending/oz8Hifea6b1wzAnLI4mFTA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Diligent Industries fiscal Q2 loss narrows YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Diligent Industries fiscal Q2 loss narrows YOY

Diligent Industries Ltd. said its normalized net income for the fiscal second quarter ended Sept. 30 was a loss of 17 Indian paise per share, compared with a loss of 25 paise per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 4.0 million rupees, compared with a loss of 5.7 million rupees in the year-earlier period.

The normalized profit margin increased to negative 27.1% from negative 43.4% in the year-earlier period.

Total revenue increased 11.7% on an annual basis to 14.7 million rupees from 13.2 million rupees, and total operating expenses climbed from the prior-year period to 17.7 million rupees from 17.0 million rupees.

Reported net income totaled a loss of 6.5 million rupees, or a loss of 28 paise per share, compared to a loss of 9.1 million rupees, or a loss of 40 paise per share, in the year-earlier period.

As of Nov. 13, US$1 was equivalent to 66.19 Indian rupees.