Mahaveer Infoway consolidated net profit declines 22.22% in the March 2016 quarter

Sales decline 72.77% to Rs 7.11 crore

Net profit of Mahaveer Infoway declined 22.22% to Rs 0.07 crore in the quarter ended March 2016 as against Rs 0.09 crore during the previous quarter ended March 2015. Sales declined 72.77% to Rs 7.11 crore in the quarter ended March 2016 as against Rs 26.11 crore during the previous quarter ended March 2015.

For the full year,net profit rose 12.00% to Rs 0.28 crore in the year ended March 2016 as against Rs 0.25 crore during the previous year ended March 2015. Sales declined 60.32% to Rs 31.01 crore in the year ended March 2016 as against Rs 78.15 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales7.1126.11 -73 31.0178.15 -60 OPM %2.250.57 -3.101.46 - PBDT0.110.11 0 0.360.49 -27 PBT0.070.09 -22 0.280.40 -30 NP0.070.09 -22 0.280.25 12

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