24 Jul 2019 | 4:20 AM

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Asya Infosoft Q4 net profit zooms 800.00% at Rs 0.09 cr
  Asya Infosoft Ltd. | 23 Jul 2019 | 04:01 PM
Published on 06-01-2019
The company reported standalone net profit of Rs 0.09 crore for the quarter ended March 31 2019 as compared to Rs 0.01 crore in the same period last year registering a year-on-year growth of 800.00 per cent.


Net revenue of the company declined moderately by 19.07 per cent at Rs 6.24 crore in January-March quarter of this fiscal as against Rs 7.71 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 22.68 per cent to Rs 5.83 crore from Rs 7.54 crore in year ago period.


Other Income grew by 14.29 per cent at Rs 0.16 crore versus (Mar`18 Rs 0.14 crore).


Operating Profit surged by 127.78 per cent to Rs 0.41 crore as against Rs 0.18 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 190.31 per cent in March quarter.


Interest grew by 65.52 per cent y-o-y to Rs 0.48 crore