Satin Creditcare Network reports consolidated net profit of Rs 44.05 crore in the March 2018 quarter

Capital Market 

Sales rise 66.89% to Rs 291.72 crore

Net profit of reported to Rs 44.05 crore in the quarter ended March 2018 as against net loss of Rs 43.04 crore during the previous quarter ended March 2017. Sales rose 66.89% to Rs 291.72 crore in the quarter ended March 2018 as against Rs 174.80 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 2.69 crore in the year ended March 2018 as against net profit of Rs 24.87 crore during the previous year ended March 2017. Sales rose 28.69% to Rs 1030.90 crore in the year ended March 2018 as against Rs 801.05 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales291.72174.80 67 1030.90801.05 29 OPM %64.3033.31 -47.7059.82 - PBDT66.63-61.48 LP 7.5743.86 -83 PBT62.65-63.69 LP -7.1837.81 PL NP44.05-43.04 LP -2.6924.87 PL

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First Published: Thu, June 07 2018. 17:43 IST