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Mudit Finlease standalone net profit rises 4200.00% in the March 2017 quarter

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Capital Market
Last Updated : Jun 07 2017 | 12:04 AM IST

Sales rise 158.70% to Rs 1.19 crore

Net profit of Mudit Finlease rose 4200.00% to Rs 0.43 crore in the quarter ended March 2017 as against Rs 0.01 crore during the previous quarter ended March 2016. Sales rose 158.70% to Rs 1.19 crore in the quarter ended March 2017 as against Rs 0.46 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.29 crore in the year ended March 2017 as against net loss of Rs 0.01 crore during the previous year ended March 2016. Sales declined 86.62% to Rs 1.86 crore in the year ended March 2017 as against Rs 13.90 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.190.46 159 1.8613.90 -87 OPM %89.0873.91 -69.893.38 - PBDT0.710.15 373 0.950.28 239 PBT0.530.01 5200 0.40-0.11 LP NP0.430.01 4200 0.29-0.01 LP

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First Published: Jun 06 2017 | 4:00 PM IST

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