20 Jul 2019 | 7:15 AM


Asya Infosoft Q2 net profit down 25.00% at Rs 0.03 cr
  Asya Infosoft Ltd. | 19 Jul 2019 | 04:01 PM
Published on 11-16-2018
The company reported standalone net profit of Rs 0.03 crore for the quarter ended September 30 2018 as compared to Rs 0.04 crore in the same period last year registering a year-on-year decline of 25.00 per cent.

Net revenue of the company rose triple digit by 189.87 per cent at Rs 2.29 crore in July-September quarter of this fiscal as against Rs 0.79 crore in the corresponding period last year.

During July-September quarter operating expenses increased by 181.40 per cent to Rs 2.42 crore from Rs 0.86 crore in year ago period.

Other Income grew by 30.77 per cent at Rs 0.17 crore versus (Sep`17 Rs 0.13 crore).

Operating Profit surged by 62.50 per cent to Rs -0.13 crore as against Rs -0.08 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 41.98 per cent in September quarter.

Taxation increased by 0.00 per cent at Rs 0.01 crore (Sep`17 Rs 0.01 crore).