Mihika Industries reports standalone nil net profit/loss in the March 2017 quarter

Sales rise 6.38% to Rs 0.50 crore

Mihika Industries reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 0.07 crore during the previous quarter ended March 2016. Sales rose 6.38% to Rs 0.50 crore in the quarter ended March 2017 as against Rs 0.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1200.00% to Rs 0.13 crore in the year ended March 2017 as against Rs 0.01 crore during the previous year ended March 2016. Sales rose 43.90% to Rs 1.77 crore in the year ended March 2017 as against Rs 1.23 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.500.47 6 1.771.23 44 OPM %-66.00-31.91 --77.40-54.47 - PBDT0-0.09 100 0.150.02 650 PBT0-0.09 100 0.150.02 650 NP0-0.07 100 0.130.01 1200

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