Anka India
51.88
+1.01(+1.99%)
Market Cap₹12.70 Cr
PE Ratio29.40
Company Performance:
1D+1.99%
1M+89.76%
6M+214.61%
1Y+204.28%
5Y+625.59%
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Latest news about Anka India
Anka India Reports Q1 Loss, Approves Subsidiary Merger 2 days ago
Anka India Limited reported a standalone net loss of ₹20.18 lakh in Q1, compared to a profit of ₹8.33 lakh in the previous year. Total revenue declined to ₹11.16 lakh from ₹14.21 lakh. On a consolidated basis, including its subsidiary Futech Internet Private Limited, the company posted a marginal net loss of ₹0.92 lakh with total revenue of ₹601.00 crore. The Board approved the amalgamation of Futech Internet with Anka India, aiming to consolidate operations and unlock shareholder value. Auditors raised concerns about idle inventories, intangible assets, and recognition of MAT assets.