Alps Motor Finance standalone net profit declines 50.00% in the March 2017 quarter

Capital Market May 26, 2017 Last Updated at 18:38 IST

Sales decline 39.39% to Rs 0.20 crore

Net profit of Alps Motor Finance declined 50.00% to Rs 0.02 crore in the quarter ended March 2017 as against Rs 0.04 crore during the previous quarter ended March 2016. Sales declined 39.39% to Rs 0.20 crore in the quarter ended March 2017 as against Rs 0.33 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.33% to Rs 0.04 crore in the year ended March 2017 as against Rs 0.03 crore during the previous year ended March 2016. Sales rose 11.00% to Rs 1.11 crore in the year ended March 2017 as against Rs 1.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.200.33 -39 1.111.00 11 OPM %20.0015.15 -5.415.00 - PBDT0.040.05 -20 0.060.05 20 PBT0.040.05 -20 0.060.05 20 NP0.020.04 -50 0.040.03 33

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