CSL Finance standalone net profit declines 42.51% in the March 2017 quarter

Capital Market 

Sales decline 17.33% to Rs 6.20 crore

Net profit of CSL declined 42.51% to Rs 2.38 crore in the quarter ended March 2017 as against Rs 4.14 crore during the previous quarter ended March 2016. Sales declined 17.33% to Rs 6.20 crore in the quarter ended March 2017 as against Rs 7.50 crore during the previous quarter ended March 2016.

For the full year,net profit rose 25.73% to Rs 16.42 crore in the year ended March 2017 as against Rs 13.06 crore during the previous year ended March 2016. Sales declined 8.63% to Rs 40.55 crore in the year ended March 2017 as against Rs 44.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales6.207.50 -17 40.5544.38 -9 OPM %71.9484.67 -66.3645.09 - PBDT4.155.73 -28 23.9018.58 29 PBT4.115.71 -28 23.7818.49 29 NP2.384.14 -43 16.4213.06 26

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

CSL Finance standalone net profit declines 42.51% in the March 2017 quarter

Sales decline 17.33% to Rs 6.20 crore

Sales decline 17.33% to Rs 6.20 crore

Net profit of CSL declined 42.51% to Rs 2.38 crore in the quarter ended March 2017 as against Rs 4.14 crore during the previous quarter ended March 2016. Sales declined 17.33% to Rs 6.20 crore in the quarter ended March 2017 as against Rs 7.50 crore during the previous quarter ended March 2016.

For the full year,net profit rose 25.73% to Rs 16.42 crore in the year ended March 2017 as against Rs 13.06 crore during the previous year ended March 2016. Sales declined 8.63% to Rs 40.55 crore in the year ended March 2017 as against Rs 44.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales6.207.50 -17 40.5544.38 -9 OPM %71.9484.67 -66.3645.09 - PBDT4.155.73 -28 23.9018.58 29 PBT4.115.71 -28 23.7818.49 29 NP2.384.14 -43 16.4213.06 26

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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