Creative Merchants standalone net profit declines 44.44% in the March 2017 quarter

Sales decline 97.52% to Rs 0.25 crore

Net profit of Creative Merchants declined 44.44% to Rs 0.05 crore in the quarter ended March 2017 as against Rs 0.09 crore during the previous quarter ended March 2016. Sales declined 97.52% to Rs 0.25 crore in the quarter ended March 2017 as against Rs 10.07 crore during the previous quarter ended March 2016.

For the full year,net profit declined 50.00% to Rs 0.01 crore in the year ended March 2017 as against Rs 0.02 crore during the previous year ended March 2016. Sales declined 53.85% to Rs 23.59 crore in the year ended March 2017 as against Rs 51.12 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.2510.07 -98 23.5951.12 -54 OPM %20.000.30 -0.04-0.08 - PBDT0.050.09 -44 0.010.03 -67 PBT0.050.09 -44 0.010.03 -67 NP0.050.09 -44 0.010.02 -50

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