Indiabulls Ventures standalone net profit declines 97.39% in the March 2016 quarter

Sales decline 13.26% to Rs 15.76 crore

Net profit of Indiabulls Ventures declined 97.39% to Rs 0.72 crore in the quarter ended March 2016 as against Rs 27.61 crore during the previous quarter ended March 2015. Sales declined 13.26% to Rs 15.76 crore in the quarter ended March 2016 as against Rs 18.17 crore during the previous quarter ended March 2015.

For the full year,net profit declined 85.73% to Rs 16.87 crore in the year ended March 2016 as against Rs 118.26 crore during the previous year ended March 2015. Sales declined 8.04% to Rs 62.24 crore in the year ended March 2016 as against Rs 67.68 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales15.7618.17 -13 62.2467.68 -8 OPM %70.0582.39 -65.3664.48 - PBDT1.9130.20 -94 28.71139.32 -79 PBT1.3829.24 -95 26.14134.52 -81 NP0.7227.61 -97 16.87118.26 -86

Powered by Capital Market - Live News