Oasis Securities announced a drop in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 70.84% to Rs 1.32 million from Rs 4.52 million in the same quarter previous year.
Revenues for the quarter surged 58.67% to Rs 28.96 million, compared with Rs 18 million for the prior year period.
Operating margin for the quarter stood at 9.83 percent as compared to 42.16 percent for the previous year period. Operating Income for the quarter was Rs 2.85 million, compared with Rs 7.695 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.71, registering 71.02% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 28.96 | 18.25 | 58.67 |
Net Profit | 1.32 | 4.52 | (70.84) |
Diluted EPS | 0.71 | 2.45 | (71.02) |
Shares of the company declined Rs 0.25, or 0.67%, to settle at Rs 36.80. The total volume of shares traded was 15 at the BSE (Tuesday).