Morgan Ventures standalone net profit declines 26.32% in the March 2018 quarter

Capital Market 

Sales decline 18.52% to Rs 0.22 crore

Net profit of declined 26.32% to Rs 0.14 crore in the quarter ended March 2018 as against Rs 0.19 crore during the previous quarter ended March 2017. Sales declined 18.52% to Rs 0.22 crore in the quarter ended March 2018 as against Rs 0.27 crore during the previous quarter ended March 2017.

For the full year,net profit declined 66.67% to Rs 0.01 crore in the year ended March 2018 as against Rs 0.03 crore during the previous year ended March 2017. Sales declined 8.57% to Rs 0.32 crore in the year ended March 2018 as against Rs 0.35 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.220.27 -19 0.320.35 -9 OPM %63.6474.07 -6.2517.14 - PBDT0.140.20 -30 0.020.06 -67 PBT0.140.20 -30 0.010.04 -75 NP0.140.19 -26 0.010.03 -67

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First Published: Mon, May 21 2018. 16:29 IST