Margo Finance standalone net profit declines 68.42% in the March 2018 quarter

Sales rise 25.00% to Rs 0.15 crore

Net profit of Margo Finance declined 68.42% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.19 crore during the previous quarter ended March 2017. Sales rose 25.00% to Rs 0.15 crore in the quarter ended March 2018 as against Rs 0.12 crore during the previous quarter ended March 2017.

For the full year,net profit declined 35.48% to Rs 0.20 crore in the year ended March 2018 as against Rs 0.31 crore during the previous year ended March 2017. Sales rose 12.77% to Rs 0.53 crore in the year ended March 2018 as against Rs 0.47 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.150.12 25 0.530.47 13 OPM %46.6741.67 -41.5136.17 - PBDT0.070.19 -63 0.220.32 -31 PBT0.070.19 -63 0.210.31 -32 NP0.060.19 -68 0.200.31 -35

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