Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
18 January, 2021 03:28 IST
Ashok Alco-Chem swings to net profit of Rs 9.87 mn in Q2
Source: IRIS | 23 Nov, 2020, 06.15PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

   Ashok Alco-Chem, swung to a net profit for the quarter ended September 2020. The company has made a consolidated net profit of Rs. 9.87 million in the quarter, against a net loss of Rs. 29.73 million in the same period last fiscal.

The company's revenue witnessed a sharp fall of 94.44% to Rs 17.20 million in the quarter ended September 2020 as against Rs. 309.15 million during the previous quarter ended September 2019.

Total expenses fell sharply by 94.71% to Rs 18.62 million in the quarter ended September 2020 as against Rs 351.97 million in the same quarter last fiscal.

Shares of the company gained Rs 1.05, or 2.56%, to settle  at  Rs 42.  The total volume of shares traded  was  6,092 at  the BSE (Monday).



 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer