Fortune Financial Services (India) reports standalone net loss of Rs 2.34 crore in the March 2018 quarter

Capital Market 

Sales rise 1607.31% to Rs 51.39 crore

Net Loss of (India) reported to Rs 2.34 crore in the quarter ended March 2018 as against net loss of Rs 3.34 crore during the previous quarter ended March 2017. Sales rose 1607.31% to Rs 51.39 crore in the quarter ended March 2018 as against Rs 3.01 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 17.98 crore in the year ended March 2018 as against net profit of Rs 0.20 crore during the previous year ended March 2017. Sales rose 830.84% to Rs 114.40 crore in the year ended March 2018 as against Rs 12.29 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales51.393.01 1607 114.4012.29 831 OPM %-4.94-222.92 -2.34-25.71 - PBDT-2.44-4.37 44 -18.12-0.44 -4018 PBT-2.46-4.39 44 -18.19-0.50 -3538 NP-2.34-3.34 30 -17.980.20 PL

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First Published: Wed, May 09 2018. 16:02 IST