Net loss of Cerebra Integrated Technologies reported to Rs 19.91 crore in the quarter ended March 2019 as against net profit of Rs 14.63 crore during the previous quarter ended March 2018. Sales declined 40.00% to Rs 78.11 crore in the quarter ended March 2019 as against Rs 130.18 crore during the previous quarter ended March 2018.

For the full year,net profit declined 83.19% to Rs 5.81 crore in the year ended March 2019 as against Rs 34.57 crore during the previous year ended March 2018. Sales rose 22.68% to Rs 385.23 crore in the year ended March 2019 as against Rs 314.02 crore during the previous year ended March 2018.

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Cerebra Integrated Technologies will hold a meeting of the Board of Directors of the Company on 30 May 2019.

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Net profit of Cerebra Integrated Technologies declined 64.57% to Rs 2.82 crore in the quarter ended December 2018 as against Rs 7.96 crore during the previous quarter ended December 2017. Sales declined 2.18% to Rs 87.17 crore in the quarter ended December 2018 as against Rs 89.11 crore during the previous quarter ended December 2017.

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The Board of Cerebra Integrated Technologies at its meeting held on 21 December 2018 has allotted 8 lakh equity shares on conversion of warrants.

Subsequent to the aforesaid allotment, the Paid up Capital of the Company has increased from Rs. 1,20,38,64,820/- to Rs. 1,21,18,64,820/- comprising of 1,21,11,86,482 Equity Shares of Face value of Rs. 10/- each. The Shareholding of the Promoter and Promoter Group has increased from 5.642% to 6.27% of the total Paid up Share Capital of the Company.

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