PVP Ventures standalone net profit rises 399.62% in the March 2017 quarter

Sales rise 2049.55% to Rs 23.86 crore

Net profit of PVP Ventures rose 399.62% to Rs 26.58 crore in the quarter ended March 2017 as against Rs 5.32 crore during the previous quarter ended March 2016. Sales rose 2049.55% to Rs 23.86 crore in the quarter ended March 2017 as against Rs 1.11 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1228.21% to Rs 20.72 crore in the year ended March 2017 as against Rs 1.56 crore during the previous year ended March 2016. Sales rose 103.40% to Rs 37.67 crore in the year ended March 2017 as against Rs 18.52 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales23.861.11 2050 37.6718.52 103 OPM %93.0013.51 -78.1549.62 - PBDT15.842.16 633 10.74-1.41 LP PBT15.702.03 673 10.15-1.95 LP NP26.585.32 400 20.721.56 1228

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