Ontic Finserve reports standalone net loss of Rs 0.05 crore in the March 2019 quarter

Capital Market 

Sales decline 93.75% to Rs 0.12 crore

Net Loss of Finserve reported to Rs 0.05 crore in the quarter ended March 2019 as against net loss of Rs 0.14 crore during the previous quarter ended March 2018. Sales declined 93.75% to Rs 0.12 crore in the quarter ended March 2019 as against Rs 1.92 crore during the previous quarter ended March 2018.

For the full year,net profit rose 25.00% to Rs 0.05 crore in the year ended March 2019 as against Rs 0.04 crore during the previous year ended March 2018. Sales declined 77.04% to Rs 0.87 crore in the year ended March 2019 as against Rs 3.79 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales0.121.92 -94 0.873.79 -77 OPM %-91.67-10.42 --2.30-1.85 - PBDT-0.03-0.12 75 0.070.06 17 PBT-0.03-0.12 75 0.070.06 17 NP-0.05-0.14 64 0.050.04 25

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First Published: Mon, June 03 2019. 08:47 IST