Datakosa swings to half-year loss as revenue and cash flow weaken
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Q2 operating income was Rs 222.03 lakh, down from Rs 358.12 lakh, while net profit was Rs 36.98 lakh. For the half year, operating income fell to Rs 416.16 lakh from Rs 549.15 lakh, causing a Rs 109.32 lakh net loss against Rs 72.97 lakh profit. Operating cash outflow was Rs 30.83 lakh and half-year earnings per share were Rs 0.20. Results include Rs 153.38 lakh of extra ordinary items. Prior figures were regrouped and recast.
Revenue contraction, a half-year loss and cash outflow concern shareholders, although Q2 stayed profitable and the auditor's review was clean.