Veritas (India) standalone net profit declines 34.77% in the March 2017 quarter

Capital Market 

Sales rise 54.81% to Rs 138.12 crore

Net profit of Veritas (India) declined 34.77% to Rs 1.97 crore in the quarter ended March 2017 as against Rs 3.02 crore during the previous quarter ended March 2016. Sales rose 54.81% to Rs 138.12 crore in the quarter ended March 2017 as against Rs 89.22 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.52% to Rs 7.87 crore in the year ended March 2017 as against Rs 7.53 crore during the previous year ended March 2016. Sales rose 18.17% to Rs 534.02 crore in the year ended March 2017 as against Rs 451.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales138.1289.22 55 534.02451.92 18 OPM %1.293.86 -1.401.86 - PBDT3.333.82 -13 10.309.42 9 PBT3.173.65 -13 9.658.77 10 NP1.973.02 -35 7.877.53 5

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

Veritas (India) standalone net profit declines 34.77% in the March 2017 quarter

Sales rise 54.81% to Rs 138.12 crore

Sales rise 54.81% to Rs 138.12 crore

Net profit of Veritas (India) declined 34.77% to Rs 1.97 crore in the quarter ended March 2017 as against Rs 3.02 crore during the previous quarter ended March 2016. Sales rose 54.81% to Rs 138.12 crore in the quarter ended March 2017 as against Rs 89.22 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.52% to Rs 7.87 crore in the year ended March 2017 as against Rs 7.53 crore during the previous year ended March 2016. Sales rose 18.17% to Rs 534.02 crore in the year ended March 2017 as against Rs 451.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales138.1289.22 55 534.02451.92 18 OPM %1.293.86 -1.401.86 - PBDT3.333.82 -13 10.309.42 9 PBT3.173.65 -13 9.658.77 10 NP1.973.02 -35 7.877.53 5

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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