Paul Merchants reports standalone net loss of Rs 2.68 crore in the March 2017 quarter

Sales rise 23.10% to Rs 754.07 crore

Net loss of Paul Merchants reported to Rs 2.68 crore in the quarter ended March 2017 as against net profit of Rs 5.68 crore during the previous quarter ended March 2016. Sales rose 23.10% to Rs 754.07 crore in the quarter ended March 2017 as against Rs 612.55 crore during the previous quarter ended March 2016.

For the full year,net profit declined 39.03% to Rs 12.45 crore in the year ended March 2017 as against Rs 20.42 crore during the previous year ended March 2016. Sales rose 21.58% to Rs 2983.82 crore in the year ended March 2017 as against Rs 2454.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales754.07612.55 23 2983.822454.24 22 OPM %1.371.50 -1.141.32 - PBDT11.3510.12 12 36.2034.34 5 PBT10.529.31 13 33.2931.52 6 NP-2.685.68 PL 12.4520.42 -39

Powered by Capital Market - Live News