Ashiana Housing standalone net profit declines 65.82% in the March 2017 quarter

Sales decline 48.95% to Rs 184.92 crore

Net profit of Ashiana Housing declined 65.82% to Rs 37.61 crore in the quarter ended March 2017 as against Rs 110.05 crore during the previous quarter ended March 2016. Sales declined 48.95% to Rs 184.92 crore in the quarter ended March 2017 as against Rs 362.25 crore during the previous quarter ended March 2016.

For the full year,net profit declined 37.89% to Rs 67.08 crore in the year ended March 2017 as against Rs 108.00 crore during the previous year ended March 2016. Sales declined 28.99% to Rs 332.07 crore in the year ended March 2017 as against Rs 467.62 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales184.92362.25 -49 332.07467.62 -29 OPM %30.8032.89 -27.5830.14 - PBDT57.57120.49 -52 99.33152.54 -35 PBT55.47118.59 -53 91.50144.67 -37 NP37.61110.05 -66 67.08108.00 -38

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