Lakshmi Finance & Industrial Corporation standalone net profit rises 108.77% in the March 2017 quarter

Sales rise 53.76% to Rs 1.43 crore

Net profit of Lakshmi Finance & Industrial Corporation rose 108.77% to Rs 1.19 crore in the quarter ended March 2017 as against Rs 0.57 crore during the previous quarter ended March 2016. Sales rose 53.76% to Rs 1.43 crore in the quarter ended March 2017 as against Rs 0.93 crore during the previous quarter ended March 2016.

For the full year,net profit declined 13.22% to Rs 3.15 crore in the year ended March 2017 as against Rs 3.63 crore during the previous year ended March 2016. Sales declined 9.25% to Rs 4.12 crore in the year ended March 2017 as against Rs 4.54 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.430.93 54 4.124.54 -9 OPM %72.7364.52 -69.9075.99 - PBDT1.140.71 61 3.253.83 -15 PBT1.130.70 61 3.193.76 -15 NP1.190.57 109 3.153.63 -13

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