MIRC Electronics standalone net profit rises 619.41% in the March 2017 quarter

Sales decline 1.60% to Rs 209.56 crore

Net profit of MIRC Electronics rose 619.41% to Rs 12.23 crore in the quarter ended March 2017 as against Rs 1.70 crore during the previous quarter ended March 2016. Sales declined 1.60% to Rs 209.56 crore in the quarter ended March 2017 as against Rs 212.97 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 5.68 crore in the year ended March 2017 as against net loss of Rs 27.02 crore during the previous year ended March 2016. Sales declined 2.64% to Rs 746.37 crore in the year ended March 2017 as against Rs 766.62 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales209.56212.97 -2 746.37766.62 -3 OPM %8.893.39 -4.88-0.10 - PBDT14.041.00 1304 13.44-26.27 LP PBT11.26-1.91 LP 2.98-37.90 LP NP12.231.70 619 -5.68-27.02 79

Powered by Capital Market - Live News