Indiabulls Wholesale Services consolidated net profit rises 1121.01% in the March 2016 quarter

Sales rise 145.80% to Rs 121.40 crore

Net profit of Indiabulls Wholesale Services rose 1121.01% to Rs 29.06 crore in the quarter ended March 2016 as against Rs 2.38 crore during the previous quarter ended March 2015. Sales rose 145.80% to Rs 121.40 crore in the quarter ended March 2016 as against Rs 49.39 crore during the previous quarter ended March 2015.

For the full year,net profit declined 60.11% to Rs 7.08 crore in the year ended March 2016 as against Rs 17.75 crore during the previous year ended March 2015. Sales rose 48.35% to Rs 305.69 crore in the year ended March 2016 as against Rs 206.06 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales121.4049.39 146 305.69206.06 48 OPM %37.6923.69 -27.6321.41 - PBDT39.232.37 1555 42.1232.08 31 PBT28.96-4.30 LP 6.0114.76 -59 NP29.062.38 1121 7.0817.75 -60

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