Maximaa Systems standalone net profit declines 97.75% in the March 2017 quarter

Sales decline 66.86% to Rs 2.84 crore

Net profit of Maximaa Systems declined 97.75% to Rs 0.02 crore in the quarter ended March 2017 as against Rs 0.89 crore during the previous quarter ended March 2016. Sales declined 66.86% to Rs 2.84 crore in the quarter ended March 2017 as against Rs 8.57 crore during the previous quarter ended March 2016.

For the full year,net profit rose 766.67% to Rs 0.26 crore in the year ended March 2017 as against Rs 0.03 crore during the previous year ended March 2016. Sales declined 34.08% to Rs 12.28 crore in the year ended March 2017 as against Rs 18.63 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.848.57 -67 12.2818.63 -34 OPM %5.63-7.23 -8.55-0.38 - PBDT0.141.08 -87 0.960.85 13 PBT0.020.89 -98 0.260.03 767 NP0.020.89 -98 0.260.03 767

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