Medinova Diagnostic Services reports consolidated net profit of Rs 0.70 crore in the March 2017 quarter

Sales decline 24.44% to Rs 2.01 crore

Net profit of Medinova Diagnostic Services reported to Rs 0.70 crore in the quarter ended March 2017 as against net loss of Rs 0.65 crore during the previous quarter ended March 2016. Sales declined 24.44% to Rs 2.01 crore in the quarter ended March 2017 as against Rs 2.66 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1.29 crore in the year ended March 2017 as against net loss of Rs 1.90 crore during the previous year ended March 2016. Sales rose 3.60% to Rs 8.35 crore in the year ended March 2017 as against Rs 8.06 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.012.66 -24 8.358.06 4 OPM %-12.946.77 -0.60-0.50 - PBDT-0.53-0.07 -657 -0.85-0.37 -130 PBT-1.19-0.89 -34 -3.48-2.29 -52 NP0.70-0.65 LP -1.29-1.90 32

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