Karnavati Finance standalone net profit declines 88.79% in the March 2018 quarter

Sales rise 8100.00% to Rs 0.82 crore

Net profit of Karnavati Finance declined 88.79% to Rs 0.12 crore in the quarter ended March 2018 as against Rs 1.07 crore during the previous quarter ended March 2017. Sales rose 8100.00% to Rs 0.82 crore in the quarter ended March 2018 as against Rs 0.01 crore during the previous quarter ended March 2017.

For the full year,net profit declined 17.33% to Rs 0.62 crore in the year ended March 2018 as against Rs 0.75 crore during the previous year ended March 2017. Sales rose 112.63% to Rs 2.02 crore in the year ended March 2018 as against Rs 0.95 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.820.01 8100 2.020.95 113 OPM %89.0210800.00 -75.74105.26 - PBDT0.311.08 -71 0.850.99 -14 PBT0.291.07 -73 0.830.97 -14 NP0.121.07 -89 0.620.75 -17

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