MT Educare consolidated net profit declines 51.92% in the March 2017 quarter

Sales decline 20.23% to Rs 33.96 crore

Net profit of MT Educare declined 51.92% to Rs 2.38 crore in the quarter ended March 2017 as against Rs 4.95 crore during the previous quarter ended March 2016. Sales declined 20.23% to Rs 33.96 crore in the quarter ended March 2017 as against Rs 42.57 crore during the previous quarter ended March 2016.

For the full year,net profit declined 46.86% to Rs 17.19 crore in the year ended March 2017 as against Rs 32.35 crore during the previous year ended March 2016. Sales declined 12.99% to Rs 202.54 crore in the year ended March 2017 as against Rs 232.78 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales33.9642.57 -20 202.54232.78 -13 OPM %33.0422.03 -24.2424.86 - PBDT8.549.72 -12 47.1063.11 -25 PBT3.475.53 -37 27.9647.49 -41 NP2.384.95 -52 17.1932.35 -47

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