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Provogue’s net loss widens to Rs 30 crore in Q4

14 Jun 2019 Evaluate

Provogue (India) has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a net loss of Rs 29.92 crore for the quarter under review as compared to net loss of Rs 19.31 crore for the same quarter in the previous year. Total income of the company decreased by 36.26% at Rs 14.64 crore for Q4FY19 as compared Rs 22.97 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a net loss of Rs 63.14 crore as compared to net loss of Rs 226.18 crore for the previous year. Total income of the company decreased by 25.38% at Rs 72.82 crore for year under review as compared to Rs 97.59 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a net loss of Rs 95.10 crore as compared to net loss of Rs 247.18 crore for the previous year. Total income of the company decreased by 29.59% at Rs 90.96 crore for year under review as compared to Rs 129.19 crore for year ended March 31, 2018.

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