Baid Leasing & Finance Co standalone net profit rises 297.83% in the March 2017 quarter

Sales rise 326.63% to Rs 21.63 crore

Net profit of Baid Leasing & Finance Co rose 297.83% to Rs 3.66 crore in the quarter ended March 2017 as against Rs 0.92 crore during the previous quarter ended March 2016. Sales rose 326.63% to Rs 21.63 crore in the quarter ended March 2017 as against Rs 5.07 crore during the previous quarter ended March 2016.

For the full year,net profit rose 44.36% to Rs 3.97 crore in the year ended March 2017 as against Rs 2.75 crore during the previous year ended March 2016. Sales rose 54.39% to Rs 27.59 crore in the year ended March 2017 as against Rs 17.87 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales21.635.07 327 27.5917.87 54 OPM %60.5627.02 -61.3354.28 - PBDT5.731.32 334 5.924.21 41 PBT5.631.25 350 5.724.02 42 NP3.660.92 298 3.972.75 44

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