Arvind SmartSpaces standalone net profit declines 5.10% in the March 2017 quarter

Capital Market May 13, 2017 Last Updated at 15:30 IST

Sales decline 91.73% to Rs 7.52 crore

Net profit of Arvind SmartSpaces declined 5.10% to Rs 16.95 crore in the quarter ended March 2017 as against Rs 17.86 crore during the previous quarter ended March 2016. Sales declined 91.73% to Rs 7.52 crore in the quarter ended March 2017 as against Rs 90.91 crore during the previous quarter ended March 2016.

For the full year,net profit rose 22.93% to Rs 21.28 crore in the year ended March 2017 as against Rs 17.31 crore during the previous year ended March 2016. Sales declined 39.65% to Rs 66.42 crore in the year ended March 2017 as against Rs 110.06 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7.5290.91 -92 66.42110.06 -40 OPM %213.1631.72 -43.0329.77 - PBDT14.4327.53 -48 21.8227.91 -22 PBT14.2227.34 -48 21.0027.13 -23 NP16.9517.86 -5 21.2817.31 23

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