Choice International standalone net profit declines 15.79% in the March 2017 quarter

Sales decline 91.46% to Rs 4.69 crore

Net profit of Choice International declined 15.79% to Rs 0.64 crore in the quarter ended March 2017 as against Rs 0.76 crore during the previous quarter ended March 2016. Sales declined 91.46% to Rs 4.69 crore in the quarter ended March 2017 as against Rs 54.92 crore during the previous quarter ended March 2016.

For the full year,net profit rose 56.02% to Rs 2.59 crore in the year ended March 2017 as against Rs 1.66 crore during the previous year ended March 2016. Sales declined 74.79% to Rs 19.63 crore in the year ended March 2017 as against Rs 77.86 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.6954.92 -91 19.6377.86 -75 OPM %49.684.35 -36.939.98 - PBDT1.401.40 0 4.393.13 40 PBT1.231.12 10 3.462.02 71 NP0.640.76 -16 2.591.66 56

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