Avon Mercantile reports standalone net loss of Rs 0.14 crore in the March 2017 quarter

Sales rise 134.04% to Rs 1.10 crore

Net loss of Avon Mercantile reported to Rs 0.14 crore in the quarter ended March 2017 as against net profit of Rs 0.03 crore during the previous quarter ended March 2016. Sales rose 134.04% to Rs 1.10 crore in the quarter ended March 2017 as against Rs 0.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 38.46% to Rs 0.18 crore in the year ended March 2017 as against Rs 0.13 crore during the previous year ended March 2016. Sales rose 35.82% to Rs 3.64 crore in the year ended March 2017 as against Rs 2.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.100.47 134 3.642.68 36 OPM %59.0931.91 -60.1656.72 - PBDT-0.060.04 PL 0.260.23 13 PBT-0.060.04 PL 0.260.23 13 NP-0.140.03 PL 0.180.13 38

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