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Escorp Asset Management runs into loss post first HY of 2018-19


Escorp Asset Management records a decrease of 28.64% revenue in HY30.9.2018 compared to the previous year.

Company : Franklin Leasing and Finance Ltd

Escorp Asset Management Ltd had total earning of Rs.9.32 Lakh in HY30.9.2017 and Rs.19.78 Lakh in HY31.3.2018.


The company suffered loss before tax of Rs.1.50 Lakh in HY30.9.2018 whereas in previous year it was at profit of Rs.1.86 Lakh. In HY31.3.2018 the PBT was Rs.7.46 Lakh. By the end of Financial Year 2018-19, the PBT reached 1.86 Lakh against Rs.9.32 Lakh in previous year.


Net loss of Rs.1.47 Lakh in HY ended on 30th September, 2018 was incurred against profit of Rs.1.28 Lakh in the previous year. The company achieved PAT of Rs.6.72 Lakh in HY ended on 31st March, 2018. The net profit decreased by Rs.6.71 Lakh in the current Fiscal Year against PAT of Rs.7.99 Lakh of FY2017-18.


Mumbai based Escorp Asset Management Ltd is a subsidiary company of Aryaman Financial Services Limited. The company is engaged in providing portfolio management services and/or managing funds.


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