Net profit of Arshiya reported to Rs 322.23 crore in the quarter ended March 2018 as against net loss of Rs 78.15 crore during the previous quarter ended March 2017. Sales declined 14.87% to Rs 65.86 crore in the quarter ended March 2018 as against Rs 77.36 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 50.47 crore in the year ended March 2018 as against net loss of Rs 382.65 crore during the previous year ended March 2017. Sales declined 3.64% to Rs 259.07 crore in the year ended March 2018 as against Rs 268.85 crore during the previous year ended March 2017.

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Net profit of Arshiya rose 523.23% to Rs 107.32 crore in the quarter ended March 2018 as against Rs 17.22 crore during the previous quarter ended March 2017. Sales declined 8.63% to Rs 18.31 crore in the quarter ended March 2018 as against Rs 20.04 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 51.99 crore in the year ended March 2018 as against net loss of Rs 70.18 crore during the previous year ended March 2017. Sales rose 5.81% to Rs 85.42 crore in the year ended March 2018 as against Rs 80.73 crore during the previous year ended March 2017.

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Arshiya will hold a meeting of the Board of Directors of the Company on 24 May 2018.

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The Board of Arshiya has allotted to the Promoter 15,00,000 Equity Shares upon Conversion of equal No. of Warrants of face value of Rs. 2/- each i.e 15,00,000 equity shares of face value of Rs. 2/- each on preferential basis.

Post allotment the paid up equity capital of the company becomes Rs. 45,94,33,552/- (Rupees Forty Five Crore Ninety Four Lacs Thirty Three Thousand Five Hundred and Fifty Two Only) comprising of 22,97,16,776 Equity Shares of Rs.2/- each.

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