Spacenet Enterprises India reports consolidated net profit of Rs 5.44 crore in the March 2018 quarter

Sales decline 87.85% to Rs 0.13 crore

Net profit of Spacenet Enterprises India reported to Rs 5.44 crore in the quarter ended March 2018 as against net loss of Rs 1.28 crore during the previous quarter ended March 2017. Sales declined 87.85% to Rs 0.13 crore in the quarter ended March 2018 as against Rs 1.07 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 4.93 crore in the year ended March 2018 as against net loss of Rs 3.50 crore during the previous year ended March 2017. Sales declined 65.52% to Rs 0.50 crore in the year ended March 2018 as against Rs 1.45 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.131.07 -88 0.501.45 -66 OPM %-76.92-109.35 --88.00-236.55 - PBDT5.45-1.25 LP 4.95-3.39 LP PBT5.44-1.26 LP 4.93-3.47 LP NP5.44-1.28 LP 4.93-3.50 LP

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