Oricon Enterprises standalone net profit declines 88.51% in the March 2017 quarter

Sales decline 16.27% to Rs 9.16 crore

Net profit of Oricon Enterprises declined 88.51% to Rs 0.87 crore in the quarter ended March 2017 as against Rs 7.57 crore during the previous quarter ended March 2016. Sales declined 16.27% to Rs 9.16 crore in the quarter ended March 2017 as against Rs 10.94 crore during the previous quarter ended March 2016.

For the full year,net profit declined 69.15% to Rs 4.88 crore in the year ended March 2017 as against Rs 15.82 crore during the previous year ended March 2016. Sales declined 33.18% to Rs 38.47 crore in the year ended March 2017 as against Rs 57.57 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales9.1610.94 -16 38.4757.57 -33 OPM %-7.10-7.31 --15.28-4.17 - PBDT1.438.18 -83 1.8515.46 -88 PBT1.257.85 -84 1.1214.51 -92 NP0.877.57 -89 4.8815.82 -69

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