Satin Creditcare Network reports standalone net profit of Rs 46.57 crore in the March 2018 quarter

Sales rise 67.18% to Rs 275.55 crore

Net profit of Satin Creditcare Network reported to Rs 46.57 crore in the quarter ended March 2018 as against net loss of Rs 42.56 crore during the previous quarter ended March 2017. Sales rose 67.18% to Rs 275.55 crore in the quarter ended March 2018 as against Rs 164.82 crore during the previous quarter ended March 2017.

For the full year,net profit declined 83.55% to Rs 4.03 crore in the year ended March 2018 as against Rs 24.50 crore during the previous year ended March 2017. Sales rose 25.75% to Rs 976.64 crore in the year ended March 2018 as against Rs 776.67 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales275.55164.82 67 976.64776.67 26 OPM %69.5035.86 -51.2961.54 - PBDT71.00-60.96 LP 17.6642.83 -59 PBT67.24-63.02 LP 3.6037.20 -90 NP46.57-42.56 LP 4.0324.50 -84

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