Parshwanath Corporation reports standalone nil net profit/loss in the March 2017 quarter

Sales decline 50.00% to Rs 0.02 crore

Parshwanath Corporation reported no net profit/loss in the quarter ended March 2017 as against net profit of Rs 0.07 crore during the previous quarter ended March 2016. Sales declined 50.00% to Rs 0.02 crore in the quarter ended March 2017 as against Rs 0.04 crore during the previous quarter ended March 2016.

For the full year,net profit declined 55.17% to Rs 0.13 crore in the year ended March 2017 as against Rs 0.29 crore during the previous year ended March 2016. Sales declined 14.29% to Rs 0.24 crore in the year ended March 2017 as against Rs 0.28 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.020.04 -50 0.240.28 -14 OPM %-650.00-325.00 --158.33-103.57 - PBDT0.020.03 -33 0.230.34 -32 PBT-0.010 0 0.130.24 -46 NP00.07 -100 0.130.29 -55

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