Mid East Portfolio Management standalone net profit declines 82.35% in the March 2016 quarter

Sales decline 73.08% to Rs 0.07 crore

Net profit of Mid East Portfolio Management declined 82.35% to Rs 0.03 crore in the quarter ended March 2016 as against Rs 0.17 crore during the previous quarter ended March 2015. Sales declined 73.08% to Rs 0.07 crore in the quarter ended March 2016 as against Rs 0.26 crore during the previous quarter ended March 2015.

For the full year,net profit rose 22.22% to Rs 0.11 crore in the year ended March 2016 as against Rs 0.09 crore during the previous year ended March 2015. Sales declined 15.63% to Rs 0.27 crore in the year ended March 2016 as against Rs 0.32 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.070.26 -73 0.270.32 -16 OPM %42.8673.08 -48.1553.13 - PBDT0.030.17 -82 0.110.10 10 PBT0.030.17 -82 0.110.09 22 NP0.030.17 -82 0.110.09 22

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