16 Jul 2019 | 8:22 AM

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COMPANYNEWS
Oasis Securities Q3 net profit down 32.61% at Rs 0.31 cr
  Oasis Securities Ltd. | 27 Jun 2019 | 04:01 PM
Published on 02-09-2018
The company reported standalone net profit of Rs 0.31 crore for the quarter ended December 31 2017 as compared to Rs 0.46 crore in the same period last year registering a year-on-year decline of 32.61 per cent.


Net revenue of the company rose triple digit by 149.23 per cent at Rs 30.93 crore in October-December quarter of this fiscal as against Rs 12.41 crore in the corresponding period last year.


During October-December quarter operating expenses increased by 147.73 per cent to Rs 29.53 crore from Rs 11.92 crore in year ago period.


Other Income grew by 0.00 per cent at Rs -0.01 crore versus (Dec'16 Rs 0.00 crore).


Operating Profit surged by 180.00 per cent to Rs 1.40 crore as against Rs 0.50 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 11.58 per cent in December quarter.


Interest grew by 2600.00 per cent y-o-y to Rs 1.08 crore