20 Jul 2019 | 8:06 PM

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Asya Infosoft Q3 net profit down 20.00% at Rs 0.04 cr
  Asya Infosoft Ltd. | 19 Jul 2019 | 04:01 PM
Published on 02-15-2019
The company reported standalone net profit of Rs 0.04 crore for the quarter ended December 31 2018 as compared to Rs 0.05 crore in the same period last year registering a year-on-year decline of 20.00 per cent.


Net revenue of the company rose three fold by 398.46 per cent at Rs 3.24 crore in October-December quarter of this fiscal as against Rs 0.65 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 378.57 per cent to Rs 3.35 crore from Rs 0.70 crore in year ago period.


Other Income grew by 23.08 per cent at Rs 0.16 crore versus (Dec`17 Rs 0.13 crore).


Operating Profit surged by 120.00 per cent to Rs -0.11 crore as against Rs -0.05 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 58.62 per cent in December quarter.


Taxation decreased by 50.00 per cent at Rs 0.01 crore (Dec`17 Rs 0.02 crore).