Naysaa Securities Limited Reports Unaudited Earnings Results for the Half Year Ended March 31, 2018 and Audited Earnings Results for the Year Ended March 31, 2018
May 30, 2018 at 07:18 am EDT
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Naysaa Securities Limited reported unaudited earnings results for the half year ended March 31, 2018 and audited earnings results for the year ended March 31, 2018. For the half year, company reported net sales/income from operations (net of excise duty) of INR 770.848 million compared to INR 71.335 million a year ago. Loss before extraordinary items and tax was INR 57.343 million compared to profit before extraordinary items and tax of INR 1.414 million a year ago. Loss before tax was INR 57.343 million compared to profit before tax of INR 1.414 million a year ago. Net loss after tax was INR 41.476 million or INR 11.93 per basic and diluted share compared to net profit after tax of INR 0.761 million or INR 0.22 per basic and diluted share a year ago.
For the year, company reported net sales/income from operations (net of excise duty) of INR 1,755.969 million compared to INR 155.404 million a year ago. Loss before extraordinary items and tax was INR 18.147 million compared to INR 3.991 million a year ago. Loss before tax was INR 18.147 million compared to INR 3.991 million a year ago. Net loss after tax was INR 15.866 million or INR 4.56 per basic and diluted share compared to INR 3.432 million or INR 0.99 per basic and diluted share a year ago.
Meghna Infracon Infrastructure Ltd, formerly Naysaa Securities Limited, is engaged in the activities of investment advisory in shares and securities and derivatives. It offers investment advisory services and investment related tools and services for Indian Stock Market. It offers various services, including equity and initial public offering (IPO), mutual funds, derivatives, Non-Resident Indian (NRI) offerings, fixed deposit and bonds, and loans and realty. It provides IPO guidance to High Net Worth Individual (HNI), Retail, Corporate, NRI and Qualified Foreign Investor (QFI) clients. It assists NRIs, Person of Indian Origin (PIOs), Overseas Citizen of India (OCIs), Foreign Nationals and Investment companies/Hedge Funds from abroad to make investments in the Indian Financial Markets, such as stock market, mutual funds, government bonds and securities/treasury bills. Its IPO services include assessment of specific gaps and needs in areas, such as accounting and financial reporting.
Naysaa Securities Limited Reports Unaudited Earnings Results for the Half Year Ended March 31, 2018 and Audited Earnings Results for the Year Ended March 31, 2018