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.
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