Kavita Fabrics standalone net profit declines 50.00% in the March 2017 quarter

Capital Market May 16, 2017 Last Updated at 14:22 IST

Sales decline 47.95% to Rs 0.76 crore

Net profit of Kavita Fabrics declined 50.00% to Rs 0.01 crore in the quarter ended March 2017 as against Rs 0.02 crore during the previous quarter ended March 2016. Sales declined 47.95% to Rs 0.76 crore in the quarter ended March 2017 as against Rs 1.46 crore during the previous quarter ended March 2016.

For the full year,net profit declined 44.44% to Rs 0.05 crore in the year ended March 2017 as against Rs 0.09 crore during the previous year ended March 2016. Sales declined 60.86% to Rs 3.35 crore in the year ended March 2017 as against Rs 8.56 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.761.46 -48 3.358.56 -61 OPM %3.954.11 -6.273.27 - PBDT0.040.04 0 0.180.23 -22 PBT0.020.01 100 0.090.11 -18 NP0.010.02 -50 0.050.09 -44

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