KIFS Financial Services standalone net profit declines 21.32% in the March 2018 quarter

Sales decline 44.30% to Rs 1.71 crore

Net profit of KIFS Financial Services declined 21.32% to Rs 1.07 crore in the quarter ended March 2018 as against Rs 1.36 crore during the previous quarter ended March 2017. Sales declined 44.30% to Rs 1.71 crore in the quarter ended March 2018 as against Rs 3.07 crore during the previous quarter ended March 2017.

For the full year,net profit declined 10.45% to Rs 3.00 crore in the year ended March 2018 as against Rs 3.35 crore during the previous year ended March 2017. Sales declined 28.66% to Rs 6.05 crore in the year ended March 2018 as against Rs 8.48 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1.713.07 -44 6.058.48 -29 OPM %95.9196.42 -87.7793.04 - PBDT1.532.05 -25 4.255.09 -17 PBT1.502.01 -25 4.154.94 -16 NP1.071.36 -21 3.003.35 -10

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