Indus Finance reports standalone net loss of Rs 0.25 crore in the March 2017 quarter

Sales rise 103.08% to Rs 1.32 crore

Net loss of Indus Finance reported to Rs 0.25 crore in the quarter ended March 2017 as against net profit of Rs 0.12 crore during the previous quarter ended March 2016. Sales rose 103.08% to Rs 1.32 crore in the quarter ended March 2017 as against Rs 0.65 crore during the previous quarter ended March 2016.

For the full year,net profit declined 89.39% to Rs 0.07 crore in the year ended March 2017 as against Rs 0.66 crore during the previous year ended March 2016. Sales declined 22.37% to Rs 3.40 crore in the year ended March 2017 as against Rs 4.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.320.65 103 3.404.38 -22 OPM %-9.8553.85 -22.9465.30 - PBDT-0.63-0.18 -250 0.140.95 -85 PBT-0.64-0.18 -256 0.120.93 -87 NP-0.250.12 PL 0.070.66 -89

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