16 Jul 2019 | 6:37 PM

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COMPANYNEWS
Ashima posts Q4 net loss of Rs 4.55 cr
  Ashima Ltd. | 16 Jul 2019 | 04:01 PM
Published on 05-25-2019
The company reported standalone net loss during the quarter stood at Rs 4.55 crore as compared to net loss of Rs 5.95 crore in the previous year quarter.


Net revenue of the company rose moderately by 10.80 per cent at Rs 62.17 crore in January-March quarter of this fiscal as against Rs 56.11 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 10.46 per cent to Rs 67.15 crore from Rs 60.79 crore in year ago period.


Other Income grew by 27.08 per cent at Rs 0.61 crore versus (Mar`18 Rs 0.48 crore).


Operating Profit surged by 6.41 per cent to Rs -4.98 crore as against Rs -4.68 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 3.96 per cent in March quarter.


Interest grew by 29.89 per cent y-o-y to Rs 1.13 crore