Greencrest Financial Services reports standalone net loss of Rs 7.45 crore in the March 2017 quarter

Sales decline 92.92% to Rs 0.86 crore

Net Loss of Greencrest Financial Services reported to Rs 7.45 crore in the quarter ended March 2017 as against net loss of Rs 1.11 crore during the previous quarter ended March 2016. Sales declined 92.92% to Rs 0.86 crore in the quarter ended March 2017 as against Rs 12.15 crore during the previous quarter ended March 2016.

For the full year,net profit declined 15.49% to Rs 0.60 crore in the year ended March 2017 as against Rs 0.71 crore during the previous year ended March 2016. Sales declined 35.09% to Rs 10.21 crore in the year ended March 2017 as against Rs 15.73 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.8612.15 -93 10.2115.73 -35 OPM %-826.74-5.93 -9.506.99 - PBDT-7.15-0.77 -829 0.931.05 -11 PBT-7.15-0.79 -805 0.901.03 -13 NP-7.45-1.11 -571 0.600.71 -15

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