Jain Studios standalone net profit declines 2.08% in the March 2017 quarter

Sales decline 43.48% to Rs 2.86 crore

Net profit of Jain Studios declined 2.08% to Rs 1.41 crore in the quarter ended March 2017 as against Rs 1.44 crore during the previous quarter ended March 2016. Sales declined 43.48% to Rs 2.86 crore in the quarter ended March 2017 as against Rs 5.06 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.43 crore in the year ended March 2017 as against net loss of Rs 0.85 crore during the previous year ended March 2016. Sales declined 19.55% to Rs 8.23 crore in the year ended March 2017 as against Rs 10.23 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.865.06 -43 8.2310.23 -20 OPM %23.7814.62 -1.34-0.59 - PBDT0.730.53 38 0.40-0.26 LP PBT0.530.32 66 -0.45-1.15 61 NP1.411.44 -2 0.43-0.85 LP

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