Fortune Financial Services (India) reports standalone net loss of Rs 3.87 crore in the March 2017 quarter

Sales rise 398.12% to Rs 10.61 crore

Net loss of Fortune Financial Services (India) reported to Rs 3.87 crore in the quarter ended March 2017 as against net profit of Rs 0.43 crore during the previous quarter ended March 2016. Sales rose 398.12% to Rs 10.61 crore in the quarter ended March 2017 as against Rs 2.13 crore during the previous quarter ended March 2016.

For the full year,net profit rose 554.55% to Rs 0.72 crore in the year ended March 2017 as against Rs 0.11 crore during the previous year ended March 2016. Sales rose 280.31% to Rs 12.36 crore in the year ended March 2017 as against Rs 3.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.612.13 398 12.363.25 280 OPM %8.5826.76 --25.97-17.54 - PBDT-4.120.45 PL -1.65-0.53 -211 PBT-4.140.44 PL -1.71-0.57 -200 NP-3.870.43 PL 0.720.11 555

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