Geecee Ventures standalone net profit declines 13.47% in the March 2017 quarter

Sales decline 32.61% to Rs 33.36 crore

Net profit of Geecee Ventures declined 13.47% to Rs 10.15 crore in the quarter ended March 2017 as against Rs 11.73 crore during the previous quarter ended March 2016. Sales declined 32.61% to Rs 33.36 crore in the quarter ended March 2017 as against Rs 49.50 crore during the previous quarter ended March 2016.

For the full year,net profit declined 23.26% to Rs 28.04 crore in the year ended March 2017 as against Rs 36.54 crore during the previous year ended March 2016. Sales declined 36.06% to Rs 92.20 crore in the year ended March 2017 as against Rs 144.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales33.3649.50 -33 92.20144.19 -36 OPM %34.7119.90 -31.7123.46 - PBDT11.7710.34 14 32.2535.71 -10 PBT11.409.97 14 30.7534.09 -10 NP10.1511.73 -13 28.0436.54 -23

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