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Rs.5 lacs net profit at Escorp Asset Management in HY31.03.2020


Escorp Asset Management announced hike on post-tax gains despite lower revenuein standalone financials of HY2 FY19-20

Company : Franklin Leasing and Finance Ltd

Escorp Asset Management published HY2 financial results in which it earned total revenue of Rs.12.83 lacs for the March 2020 half year whereas last year same period it was Rs.18.05 lacs

Net profit in the second half of FY2019-20 stands at Rs.5 lacs whereas in the preceding year same period it was loss of Rs.6.11 lacs.

Earning per share for the current half year is Rs.0.08 as against loss of Rs.0.09 in the previous year corresponding period.

The financials for the recently concluded year 2019-20 shows revenue of Rs.15.71 lacs against Rs.24.70 lacs a year ago.

The PAT in FY19-20 reached Rs.0.31 lacs compared to loss of Rs.7.58 lacslast year. Annual EPS for the FY2019-20 was Rs.0.005.


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