" />

Login

Login

Generate password

Change password

Forgot Customer Code

Would you like to create a personalised login id for logging in to Emkay Website ?

Change Personalised Login ID

Asit C Mehta Financi posts Q2 net loss of Rs 0.58 cr

Share Source By

Dion Global

30 Oct 2024

The company reported standalone net loss during the quarter stood at Rs 0.58 crore as compared to net loss of Rs 1.74 crore in the previous year quarter.

Net revenue of the company rose moderately by 10.58 per cent at Rs 1.15 crore in July-September quarter of this fiscal as against Rs 1.04 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 11.63 per cent to Rs 0.38 crore from Rs 0.43 crore in year ago period.

Other Income grew by 857.14 per cent at Rs 0.67 crore versus (Sep'23 Rs 0.07 crore).

Operating Profit surged by 26.23 per cent to Rs 0.77 crore as against Rs 0.61 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.09 per cent in September quarter.

Interest declined by 19.72 per cent y-o-y to Rs 1.71 crore