Indiabulls Wholesale Services standalone net profit rises 65.00% in the March 2016 quarter

Sales decline 86.59% to Rs 1.24 crore

Net profit of Indiabulls Wholesale Services rose 65.00% to Rs 0.33 crore in the quarter ended March 2016 as against Rs 0.20 crore during the previous quarter ended March 2015. Sales declined 86.59% to Rs 1.24 crore in the quarter ended March 2016 as against Rs 9.25 crore during the previous quarter ended March 2015.

For the full year,net profit declined 94.39% to Rs 0.75 crore in the year ended March 2016 as against Rs 13.37 crore during the previous year ended March 2015. Sales declined 64.27% to Rs 12.83 crore in the year ended March 2016 as against Rs 35.91 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.249.25 -87 12.8335.91 -64 OPM %-29.03-1.62 --22.685.79 - PBDT0.450.44 2 0.5317.84 -97 PBT0.440.40 10 0.4317.64 -98 NP0.330.20 65 0.7513.37 -94

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