Arcee Industries Ltd’s net profit jumps two-fold to Rs 14.95 lakh for Q4FY20

New Delhi: Arcee Industries Ltd’s net profit jumped about two-fold to Rs 14.95 lakh for the fourth quarter of 2019-20 fiscal as against a net profit of Rs 7.38 lakh in the corresponding quarter of the previous fiscal.

The revenue from operations stood at Rs 46 lakh for the fourth quarter of the 2019-20 fiscal.  

For the entire financial year 2019-20, the company suffered a net loss of Rs 1.1 lakh as against a net profit of Rs 2.34 lakh in the previous financial year.

For the entire financial year 2019-20, the revenue from operations of the company stood at Rs 1.04 crore, the company said in a regulatory filing.

The total expenses of the company jumped to Rs 50 lakh in the fourth quarter of 2019-20 fiscal as against Rs 7.69 lakh in the corresponding quarter of the previous fiscal. For the whole financial year 2019-20, the total expenses of the company jumped to Rs 1.25 crore as compared to Rs 22 lakh in the previous fiscal. 

 

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