Shyam Telecom reports standalone net profit of Rs 1.77 crore in the March 2017 quarter

Sales decline 98.66% to Rs 0.69 crore

Net profit of Shyam Telecom reported to Rs 1.77 crore in the quarter ended March 2017 as against net loss of Rs 0.12 crore during the previous quarter ended March 2016. Sales declined 98.66% to Rs 0.69 crore in the quarter ended March 2017 as against Rs 51.34 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2.24 crore in the year ended March 2017 as against net loss of Rs 7.99 crore during the previous year ended March 2016. Sales declined 81.96% to Rs 43.92 crore in the year ended March 2017 as against Rs 243.49 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.6951.34 -99 43.92243.49 -82 OPM %-127.54-1.27 --11.41-3.42 - PBDT1.91-0.46 LP -1.75-7.77 77 PBT1.82-0.57 LP -2.16-8.42 74 NP1.77-0.12 LP -2.24-7.99 72

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