Hinduja Ventures standalone net profit rises 2.33% in the March 2017 quarter

Sales decline 68.68% to Rs 29.36 crore

Net profit of Hinduja Ventures rose 2.33% to Rs 14.51 crore in the quarter ended March 2017 as against Rs 14.18 crore during the previous quarter ended March 2016. Sales declined 68.68% to Rs 29.36 crore in the quarter ended March 2017 as against Rs 93.75 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.31% to Rs 102.91 crore in the year ended March 2017 as against Rs 100.59 crore during the previous year ended March 2016. Sales declined 39.32% to Rs 201.74 crore in the year ended March 2017 as against Rs 332.47 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales29.3693.75 -69 201.74332.47 -39 OPM %87.5034.86 -86.1649.27 - PBDT16.4522.98 -28 129.54125.43 3 PBT16.1622.67 -29 128.35124.11 3 NP14.5114.18 2 102.91100.59 2

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