Panache Innovations standalone net profit declines 5.00% in the March 2017 quarter

Sales rise 1827.78% to Rs 6.94 crore

Net profit of Panache Innovations declined 5.00% to Rs 0.19 crore in the quarter ended March 2017 as against Rs 0.20 crore during the previous quarter ended March 2016. Sales rose 1827.78% to Rs 6.94 crore in the quarter ended March 2017 as against Rs 0.36 crore during the previous quarter ended March 2016.

For the full year,net profit declined 56.25% to Rs 0.28 crore in the year ended March 2017 as against Rs 0.64 crore during the previous year ended March 2016. Sales rose 648.30% to Rs 11.00 crore in the year ended March 2017 as against Rs 1.47 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales6.940.36 1828 11.001.47 648 OPM %0.7225.00 -1.273.40 - PBDT0.280.20 40 0.370.64 -42 PBT0.270.20 35 0.360.64 -44 NP0.190.20 -5 0.280.64 -56

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