M B Parikh Finstock reports standalone net loss of Rs 0.11 crore in the March 2017 quarter

Sales decline 38.24% to Rs 0.21 crore

Net Loss of M B Parikh Finstock reported to Rs 0.11 crore in the quarter ended March 2017 as against net loss of Rs 0.15 crore during the previous quarter ended March 2016. Sales declined 38.24% to Rs 0.21 crore in the quarter ended March 2017 as against Rs 0.34 crore during the previous quarter ended March 2016.

For the full year,net profit declined 7.69% to Rs 0.12 crore in the year ended March 2017 as against Rs 0.13 crore during the previous year ended March 2016. Sales declined 8.65% to Rs 0.95 crore in the year ended March 2017 as against Rs 1.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.210.34 -38 0.951.04 -9 OPM %-28.57-35.29 -24.2121.15 - PBDT-0.06-0.12 50 0.220.21 5 PBT-0.09-0.14 36 0.140.15 -7 NP-0.11-0.15 27 0.120.13 -8

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