Ontic Finserve reports standalone nil net profit/loss in the March 2017 quarter

Sales decline 53.33% to Rs 0.21 crore

Ontic Finserve reported no net profit/loss in the quarter ended March 2017 and during the previous quarter ended March 2016. Sales declined 53.33% to Rs 0.21 crore in the quarter ended March 2017 as against Rs 0.45 crore during the previous quarter ended March 2016.

For the full year,net profit remain constant at Rs 0.01 crore in the year ended March 2017 and also during the previous year ended March 2016. Sales declined 19.59% to Rs 0.78 crore in the year ended March 2017 as against Rs 0.97 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.210.45 -53 0.780.97 -20 OPM %-33.33-6.67 --7.69-2.06 - PBDT00 0 0.010.01 0 PBT00 0 0.010.01 0 NP00 0 0.010.01 0

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