Asia
Navkar Swings to Profit in Fiscal Q4 as Revenue Doubles
Navkar (NSE:NAVKARCORP, BOM:539332) booked a net profit of 139.8 million Indian rupees in the fiscal fourth quarter, rebounding from a net loss of 185.3 million rupees a year ago, according to an Indian bourse filing on Monday.Earnings per share for the quarter ended March 31 came in at 0.93 rupees, compared with a loss per share of 1.23 rupees a year earlier.The container freight services company's revenue from operations doubled to 2.01 billion rupees from 1.04 billion rupees a year ago, the filing said.
BOM:539332NSE:NAVKARCORP