Panache Innovations standalone net profit declines 73.68% in the March 2018 quarter

Capital Market 

Sales decline 43.95% to Rs 3.89 crore

Net profit of Panache Innovations declined 73.68% to Rs 0.05 crore in the quarter ended March 2018 as against Rs 0.19 crore during the previous quarter ended March 2017. Sales declined 43.95% to Rs 3.89 crore in the quarter ended March 2018 as against Rs 6.94 crore during the previous quarter ended March 2017.

For the full year,net profit rose 103.23% to Rs 0.63 crore in the year ended March 2018 as against Rs 0.31 crore during the previous year ended March 2017. Sales rose 257.54% to Rs 40.08 crore in the year ended March 2018 as against Rs 11.21 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales3.896.94 -44 40.0811.21 258 OPM %-0.510.72 -1.401.69 - PBDT0.130.28 -54 0.720.39 85 PBT0.130.27 -52 0.710.38 87 NP0.050.19 -74 0.630.31 103

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First Published: Thu, June 07 2018. 17:42 IST