24 Jan 2020 | 2:33 AM

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COMPANYNEWS
Nam Securities Q2 net profit jumps 100.00% at Rs 0.10 cr
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Published on 12-11-2019
The company reported standalone net profit of Rs 0.10 crore for the quarter ended September 30 2019 as compared to Rs 0.05 crore in the same period last year registering a year-on-year growth of 100.00 per cent.


Net revenue of the company rose moderately by 10.45 per cent at Rs 17.75 crore in July-September quarter of this fiscal as against Rs 16.07 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 10.19 per cent to Rs 17.62 crore from Rs 15.99 crore in year ago period.


Operating Profit surged by 44.44 per cent to Rs 0.13 crore as against Rs 0.09 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 39.62 per cent in September quarter.