Morarka Finance reports standalone net profit of Rs 0.04 crore in the March 2018 quarter

Capital Market 

Sales rise 128.57% to Rs 0.16 crore

Net profit of reported to Rs 0.04 crore in the quarter ended March 2018 as against net loss of Rs 0.13 crore during the previous quarter ended March 2017. Sales rose 128.57% to Rs 0.16 crore in the quarter ended March 2018 as against Rs 0.07 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1200.00% to Rs 2.34 crore in the year ended March 2018 as against Rs 0.18 crore during the previous year ended March 2017. Sales rose 643.24% to Rs 2.75 crore in the year ended March 2018 as against Rs 0.37 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.160.07 129 2.750.37 643 OPM %43.75-71.43 -86.1870.27 - PBDT0.07-0.05 LP 2.370.26 812 PBT0.07-0.05 LP 2.370.26 812 NP0.04-0.13 LP 2.340.18 1200

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First Published: Mon, May 28 2018. 17:28 IST