PVP Ventures standalone net profit declines 71.37% in the March 2018 quarter

Sales decline 52.81% to Rs 11.26 crore

Net profit of PVP Ventures declined 71.37% to Rs 7.61 crore in the quarter ended March 2018 as against Rs 26.58 crore during the previous quarter ended March 2017. Sales declined 52.81% to Rs 11.26 crore in the quarter ended March 2018 as against Rs 23.86 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.40 crore in the year ended March 2018 as against net profit of Rs 20.67 crore during the previous year ended March 2017. Sales declined 24.63% to Rs 28.39 crore in the year ended March 2018 as against Rs 37.67 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.2623.86 -53 28.3937.67 -25 OPM %78.1593.00 -74.6478.23 - PBDT6.9615.84 -56 1.1010.74 -90 PBT6.8215.70 -57 0.5210.15 -95 NP7.6126.58 -71 -0.4020.67 PL

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