23 Jul 2019 | 3:31 PM

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COMPANYNEWS
Oasis Securities posts Q4 net loss of Rs 0.18 cr
  Oasis Securities Ltd. | 17 Jul 2019 | 03:35 PM
Published on 05-30-2018
The company reported standalone net loss during the quarter stood at Rs 0.18 crore as compared to net loss of Rs 0.68 crore in the previous year quarter.


Net revenue of the company rose two fold by 240.12 per cent at Rs 33.40 crore in January-March quarter of this fiscal as against Rs 9.82 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 222.64 per cent to Rs 32.78 crore from Rs 10.16 crore in year ago period.


Other Income grew by 161.11 per cent at Rs 0.11 crore versus (Mar'17 Rs -0.18 crore).


Operating Profit surged by 720.00 per cent to Rs 0.62 crore as against Rs -0.10 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 281.37 per cent in March quarter.


Interest grew by 50.00 per cent y-o-y to Rs 0.60 crore while Taxation increased by 0.00 per cent at Rs 0.31 crore (Mar'17 Rs 0.00 crore).