In FY2018-19 Ashoka Metcast earned consolidated revenue of Rs.28.40 Lakh which declined by Rs.18.89 Crore against previous year.

Company : Angel Fibers Ltd

A part of Gujarat based diversified business group, Ashoka Metcast Ltd earned consolidated PBT of Rs.1.45 Lakh in HY31.3.2019 whereas in last year it was loss of Rs.42.14 Lakh.

The company incurred standalone loss before tax of Rs.0.39 Lakh in the first half of FY2018-19 while in the previous year it was loss of Rs.13.07 Lakh.

Following are the standalone financial facts of Ahmedabad based Ashoka Metcast Ltd:

- In the Fiscal Year 2018-19, loss before tax was Rs.8.05 Lakh while in the previous year it was Rs.4.54 Lakh.
- In HY31.3.2019 net loss reached Rs.0.70 Lakh against the loss of Rs.12.27 Lakh in the preceding year.
- Annual net loss stood at Rs.8.36 Lakh compared to the loss of Rs.3.74 Lakh last year.

The consolidated turnover of the company is as following:

- In the Fiscal Year 2018, loss before tax was Rs.8.37 Lakh whereas in the previous year it was Rs.34.52 Lakh.
- In HY31.3.2019 net loss reached Rs.8.79 Lakh against loss of Rs.38.85 Lakh in HY31.3.2018.
- Loss after tax was Rs.19.38 Lakh in FY2018-19 although in FY2017-18 it was Rs.27.96 Lakh.

Ashoka Metcast Ltd (AML) is currently engaged in trading and manufacturing of structural steel products like TMT bars, angles, channels, MS Bars etc.

Recent Stories