Mudit Finlease standalone net profit declines 80.00% in the March 2016 quarter

Sales decline 95.43% to Rs 0.29 crore

Net profit of Mudit Finlease declined 80.00% to Rs 0.01 crore in the quarter ended March 2016 as against Rs 0.05 crore during the previous quarter ended March 2015. Sales declined 95.43% to Rs 0.29 crore in the quarter ended March 2016 as against Rs 6.34 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 0.01 crore in the year ended March 2016 as against net profit of Rs 0.73 crore during the previous year ended March 2015. Sales declined 48.81% to Rs 13.72 crore in the year ended March 2016 as against Rs 26.80 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.296.34 -95 13.7226.80 -49 OPM %58.626.47 -2.193.69 - PBDT0.150.24 -38 0.281.29 -78 PBT0.010.15 -93 -0.110.93 PL NP0.010.05 -80 -0.010.73 PL

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