Avantel reports standalone net profit of Rs 0.03 crore in the March 2016 quarter

Sales rise 212.29% to Rs 13.21 crore

Net profit of Avantel reported to Rs 0.03 crore in the quarter ended March 2016 as against net loss of Rs 0.11 crore during the previous quarter ended March 2015. Sales rose 212.29% to Rs 13.21 crore in the quarter ended March 2016 as against Rs 4.23 crore during the previous quarter ended March 2015.

For the full year,net profit declined 33.71% to Rs 0.59 crore in the year ended March 2016 as against Rs 0.89 crore during the previous year ended March 2015. Sales declined 2.57% to Rs 24.63 crore in the year ended March 2016 as against Rs 25.28 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales13.214.23 212 24.6325.28 -3 OPM %7.6512.06 -15.9616.10 - PBDT0.500.63 -21 2.393.10 -23 PBT0.090.21 -57 0.651.21 -46 NP0.03-0.11 LP 0.590.89 -34

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