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Akme Star Housing Finance standalone net profit rises 101.67% in the March 2019 quarter

Capital Market 

Sales rise 37.87% to Rs 3.24 crore

Net profit of Akme Star Housing Finance rose 101.67% to Rs 1.21 crore in the quarter ended March 2019 as against Rs 0.60 crore during the previous quarter ended March 2018. Sales rose 37.87% to Rs 3.24 crore in the quarter ended March 2019 as against Rs 2.35 crore during the previous quarter ended March 2018.

For the full year,net profit rose 48.97% to Rs 4.32 crore in the year ended March 2019 as against Rs 2.90 crore during the previous year ended March 2018. Sales rose 69.65% to Rs 11.18 crore in the year ended March 2019 as against Rs 6.59 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales3.242.35 38 11.186.59 70 OPM %88.2780.43 -87.3979.82 - PBDT1.781.18 51 5.984.01 49 PBT1.781.18 51 5.984.01 49 NP1.210.60 102 4.322.90 49

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 22 2019. 17:21 IST
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