Morgan Ventures reports standalone net profit of Rs 0.17 crore in the March 2016 quarter

Sales reported at Rs 0.28 crore

Net profit of Morgan Ventures reported to Rs 0.17 crore in the quarter ended March 2016 as against net loss of Rs 0.11 crore during the previous quarter ended March 2015. Sales reported to Rs 0.28 crore in the quarter ended March 2016. There were no Sales reported during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2016 as against net loss of Rs 2.23 crore during the previous year ended March 2015. Sales declined 35.19% to Rs 0.35 crore in the year ended March 2016 as against Rs 0.54 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.280 0 0.350.54 -35 OPM %64.290 -11.43-25.93 - PBDT0.18-0.11 LP 0.04-0.04 LP PBT0.18-0.11 LP 0.02-0.22 LP NP0.17-0.11 LP 0.01-2.23 LP

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