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Showing posts from June, 2019

VASA Retail FY19 Net profit rises 173 %

Total revenue up 128% to Rs. 38.96 cr . BOD Recommends 2.5% Dividend of Rs. 0.25 per equity share of Rs 10/ each VASA   Retail and Overseas Ltd, engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, has reported remarkable financial performance for the financial year ended March 31, 2019 and the second half of FY19. The total revenue for the full year FY19 rose by 128% to Rs. 38.96 Crores compared to Rs.17.08 Crores reported in the corresponding last financial year of FY18.  The Net Profit for the full year ended March 31, 2019 grew rises 173 % to Rs. 1.53 Crore compared to Rs 56 Lakhs posted in FY18. The Company’s Total Revenue for the second half year of FY19 stood at Rs. 20.78 Cr. compared to Rs. 18.28 Cr. reported in the first half year ended 30 th  September 2018. The net profit for this period (H2FY19) stood at Rs. 77.88 lakhs compared to Rs. 75. 19 lakhs posted in H1 of FY19. In the fiscal year 2019 Company’s  EBIDTA

Share India Securities FY19 Net Profit rises 27% to Rs 19.45 Cr

Total Revenue up  30% to Rs 182.53Cr Share India Securities Ltd (SISL),  a leading knowledge and technology driven financial services group,  has reported  strong growth in financial performance for the fiscal year ended March 31, 2019. The  company’s consolidated revenue grew 30% to Rs 182.53 crores compared to Rs 140.48 crores posted in FY18.  The Company’s consolidated net profit for FY19 rose 27% to Rs 19.45 crores compared to Rs 15.35 crores posted in FY18. The Company’s standalone revenue for FY 2019 stood at Rs 174.39 crores compared to Rs 140.3 crores reported 31 March 2018. Net profit for this period stood at Rs 17.03 Crores compared to Rs 15.51 crores reported in the corresponding half year period ended 31 March 2018.  Commenting of the financial performance of the Company Mr Sachin Gupta, CEO, Share India Securities Ltd said,  “ Share India over the years has grown by following the best business practices, the asset liability management and use of technology