16 Jul 2019 | 8:25 AM

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Oasis Securities posts Q3 net loss of Rs 0.26 cr
  Oasis Securities Ltd. | 27 Jun 2019 | 04:01 PM
Published on 02-05-2019
The company reported standalone net loss during the quarter stood at Rs 0.26 crore compared to net profit of Rs 0.31 crore in the previous year quarter. 


Net revenue of the company declined substantially by 79.86 per cent at Rs 6.23 crore in October-December quarter of this fiscal as against Rs 30.93 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 78.06 per cent to Rs 6.48 crore from Rs 29.53 crore in year ago period.


Operating Profit slipped by 118.57 per cent to Rs -0.26 crore as against Rs 1.40 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 191.61 per cent in December quarter.