16 Jul 2019 | 6:35 PM

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COMPANYNEWS
Oasis Securities Q2 net profit zooms 630.00% at Rs 0.73 cr
  Oasis Securities Ltd. | 27 Jun 2019 | 04:01 PM
Published on 11-13-2017
The company reported standalone net profit of Rs 0.73 crore for the quarter ended September 30 2017 as compared to Rs 0.10 crore in the same period last year registering a year-on-year growth of 630.00 per cent.


Net revenue of the company rose substantially by 59.22 per cent at Rs 25.81 crore in July-September quarter of this fiscal as against Rs 16.21 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 53.70 per cent to Rs 24.07 crore from Rs 15.66 crore in year ago period.


Other Income dipped by 94.44 per cent at Rs 0.01 crore versus (Sep'16 Rs 0.18 crore).


Operating Profit surged by 203.51 per cent to Rs 1.73 crore as against Rs 0.57 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 90.91 per cent in September quarter.


Interest grew by 55.38 per cent y-o-y to Rs 1.01 crore