LKP Finance reports standalone net loss of Rs 1.00 crore in the March 2016 quarter

Sales rise 144.90% to Rs 11.29 crore

Net Loss of LKP Finance reported to Rs 1.00 crore in the quarter ended March 2016 as against net loss of Rs 4.15 crore during the previous quarter ended March 2015. Sales rose 144.90% to Rs 11.29 crore in the quarter ended March 2016 as against Rs 4.61 crore during the previous quarter ended March 2015.

For the full year,net profit declined 50.00% to Rs 8.87 crore in the year ended March 2016 as against Rs 17.74 crore during the previous year ended March 2015. Sales declined 45.13% to Rs 45.80 crore in the year ended March 2016 as against Rs 83.47 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales11.294.61 145 45.8083.47 -45 OPM %50.40-9.11 -58.4347.49 - PBDT-0.58-4.13 86 11.9622.52 -47 PBT-0.60-4.15 86 11.8722.41 -47 NP-1.00-4.15 76 8.8717.74 -50

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