Paramount Communications reports standalone net profit of Rs 58.42 crore in the March 2017 quarter

Sales decline 12.27% to Rs 96.91 crore

Net profit of Paramount Communications reported to Rs 58.42 crore in the quarter ended March 2017 as against net loss of Rs 27.44 crore during the previous quarter ended March 2016. Sales declined 12.27% to Rs 96.91 crore in the quarter ended March 2017 as against Rs 110.46 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.31 crore in the year ended March 2017 as against net loss of Rs 122.29 crore during the previous year ended March 2016. Sales rose 2.66% to Rs 315.00 crore in the year ended March 2017 as against Rs 306.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales96.91110.46 -12 315.00306.83 3 OPM %-11.19-6.35 --15.53-14.29 - PBDT-11.09-25.26 56 -63.56-115.24 45 PBT-13.00-27.44 53 -71.73-123.82 42 NP58.42-27.44 LP -0.31-122.29 100

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