Avantel reports standalone net loss of Rs 1.29 crore in the March 2018 quarter

Sales rise 42.23% to Rs 14.28 crore

Net Loss of Avantel reported to Rs 1.29 crore in the quarter ended March 2018 as against net loss of Rs 0.15 crore during the previous quarter ended March 2017. Sales rose 42.23% to Rs 14.28 crore in the quarter ended March 2018 as against Rs 10.04 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1865.91% to Rs 17.30 crore in the year ended March 2018 as against Rs 0.88 crore during the previous year ended March 2017. Sales rose 54.30% to Rs 51.83 crore in the year ended March 2018 as against Rs 33.59 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.2810.04 42 51.8333.59 54 OPM %5.398.17 -21.7111.46 - PBDT0.720.57 26 25.822.84 809 PBT0.230.02 1050 24.181.05 2203 NP-1.29-0.15 -760 17.300.88 1866

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