Grovy India standalone net profit declines 66.67% in the March 2017 quarter

Sales decline 82.92% to Rs 1.03 crore

Net profit of Grovy India declined 66.67% to Rs 0.01 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 82.92% to Rs 1.03 crore in the quarter ended March 2017 as against Rs 6.03 crore during the previous quarter ended March 2016.

For the full year,net profit rose 60.00% to Rs 0.08 crore in the year ended March 2017 as against Rs 0.05 crore during the previous year ended March 2016. Sales declined 24.38% to Rs 4.56 crore in the year ended March 2017 as against Rs 6.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.036.03 -83 4.566.03 -24 OPM %7.771.33 -3.511.66 - PBDT0.080.08 0 0.160.10 60 PBT0.040.05 -20 0.120.07 71 NP0.010.03 -67 0.080.05 60

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