Margo Finance reports standalone net profit of Rs 0.19 crore in the March 2017 quarter

Capital Market May 12, 2017 Last Updated at 16:22 IST

Sales decline 71.43% to Rs 0.02 crore

Net profit of Margo Finance reported to Rs 0.19 crore in the quarter ended March 2017. There were no net profit/loss reported during the previous quarter ended March 2016. Sales declined 71.43% to Rs 0.02 crore in the quarter ended March 2017 as against Rs 0.07 crore during the previous quarter ended March 2016.

For the full year,net profit rose 933.33% to Rs 0.31 crore in the year ended March 2017 as against Rs 0.03 crore during the previous year ended March 2016. Sales declined 20.00% to Rs 0.20 crore in the year ended March 2017 as against Rs 0.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.020.07 -71 0.200.25 -20 OPM %-250.00-14.29 --50.00-20.00 - PBDT0.190 0 0.320.04 700 PBT0.190 0 0.310.03 933 NP0.190 0 0.310.03 933

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