Gowra Leasing & Finance standalone net profit declines 53.13% in the March 2017 quarter

Sales decline 2.50% to Rs 0.39 crore

Net profit of Gowra Leasing & Finance declined 53.13% to Rs 0.15 crore in the quarter ended March 2017 as against Rs 0.32 crore during the previous quarter ended March 2016. Sales declined 2.50% to Rs 0.39 crore in the quarter ended March 2017 as against Rs 0.40 crore during the previous quarter ended March 2016.

For the full year,net profit rose 59.65% to Rs 0.91 crore in the year ended March 2017 as against Rs 0.57 crore during the previous year ended March 2016. Sales declined 1.55% to Rs 1.27 crore in the year ended March 2017 as against Rs 1.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.390.40 -3 1.271.29 -2 OPM %-64.1090.00 -21.2658.14 - PBDT0.310.42 -26 1.380.83 66 PBT0.310.42 -26 1.370.83 65 NP0.150.32 -53 0.910.57 60

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