Ind-Agiv Commerce standalone net profit rises 126.92% in the March 2017 quarter

Sales rise 94.12% to Rs 2.97 crore

Net profit of Ind-Agiv Commerce rose 126.92% to Rs 0.59 crore in the quarter ended March 2017 as against Rs 0.26 crore during the previous quarter ended March 2016. Sales rose 94.12% to Rs 2.97 crore in the quarter ended March 2017 as against Rs 1.53 crore during the previous quarter ended March 2016.

For the full year,net profit declined 30.00% to Rs 0.14 crore in the year ended March 2017 as against Rs 0.20 crore during the previous year ended March 2016. Sales rose 13.55% to Rs 6.62 crore in the year ended March 2017 as against Rs 5.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.971.53 94 6.625.83 14 OPM %31.3112.42 -10.73-21.44 - PBDT0.890.46 93 0.440.40 10 PBT0.710.36 97 0.260.30 -13 NP0.590.26 127 0.140.20 -30

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