Summit Securities standalone net profit declines 18.32% in the March 2017 quarter

Sales decline 75.42% to Rs 2.48 crore

Net profit of Summit Securities declined 18.32% to Rs 7.89 crore in the quarter ended March 2017 as against Rs 9.66 crore during the previous quarter ended March 2016. Sales declined 75.42% to Rs 2.48 crore in the quarter ended March 2017 as against Rs 10.09 crore during the previous quarter ended March 2016.

For the full year,net profit declined 64.27% to Rs 5.61 crore in the year ended March 2017 as against Rs 15.70 crore during the previous year ended March 2016. Sales declined 84.07% to Rs 2.73 crore in the year ended March 2017 as against Rs 17.14 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.4810.09 -75 2.7317.14 -84 OPM %86.2996.63 -51.2892.18 - PBDT2.149.75 -78 1.4015.80 -91 PBT2.149.75 -78 1.3915.79 -91 NP7.899.66 -18 5.6115.70 -64

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