5paisa Capital Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 11, 2018 at 12:39 pm
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5paisa Capital Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter the company reported revenue from operations was INR 53.561 million compared to INR 18.863 million a year ago. Total revenue was INR 53.561 million compared to INR 18.863 million a year ago. Loss before exceptional items and extraordinary items and tax from continuing operations was INR 92.956 million compared to INR 62.644 million a year ago. Loss before tax was INR 92.956 million compared to INR 62.644 million a year ago. Net profit after tax was INR 67.118 million or INR 5.27 per basic and diluted share compared to INR 46.606 million or INR 3.66 per basic and diluted share a year ago.
For the nine months, the company reported, revenue from operations was INR 117.808 million compared to INR 28.638 million a year ago. Total revenue was INR 117.808 million compared to INR 28.638 million a year ago. Loss before exceptional items and extraordinary items and tax from continuing operations was INR 238.929 million compared to INR 116.980 million a year ago. Loss before tax was INR 238.929 million compared to INR 116.980 million a year ago. Net profit after tax was INR 183.722 million or INR 14.42 per basic and diluted share compared to INR 82.987 million or INR 6.51 per basic and diluted share a year ago.
5paisa Capital Limited is an India-based technology-driven financial service company having mainly an online presence. The Company's business is to provide broking services to its clients in the capital markets in India and all other activities are ancillary to the main business. The Company provides financial products through online platforms and mobile applications. Its customer base mainly comprises retail investors, traders who deal in the securities market and seek do-it-yourself (DIY) services. Its product offering includes broking, mutual funds, wealth management, research products, insurance, Algo Trading, commodities, learning platform (Finschool) and community (Stocky5). Through its Internet terminals and mobile applications, the Company provides its clients with access to its online technology platform for trading in securities and commodities on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Multi Commodity Exchange of India Limited (MCX).