Richfield Financial Services reports standalone nil net profit/loss in the March 2017 quarter

Sales rise 1150.00% to Rs 0.50 crore

Richfield Financial Services reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 0.15 crore during the previous quarter ended March 2016. Sales rose 1150.00% to Rs 0.50 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 rose 475.00% to Rs 0.23 crore in the year ended March 2017 as against Rs 0.04 crore during the previous year ended March 2016. Sales rose 69.09% to Rs 0.93 crore in the year ended March 2017 as against Rs 0.55 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.500.04 1150 0.930.55 69 OPM %8.00-350.00 -25.819.09 - PBDT0.01-0.14 LP 0.240.05 380 PBT0.01-0.14 LP 0.240.05 380 NP0-0.15 100 0.230.04 475

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