Gravity (India) standalone net profit declines 57.14% in the September 2017 quarter

Capital Market 

Sales decline 37.92% to Rs 3.47 crore

Net profit of Gravity (India) declined 57.14% to Rs 0.03 crore in the quarter ended September 2017 as against Rs 0.07 crore during the previous quarter ended September 2016. Sales declined 37.92% to Rs 3.47 crore in the quarter ended September 2017 as against Rs 5.59 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales3.475.59 -38 OPM %1.441.25 -PBDT0.070.11 -36 PBT0.030.07 -57 NP0.030.07 -57

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First Published: Sat, November 18 2017. 17:01 IST