Swastik Safe Deposit & Investments standalone net profit declines 80.90% in the March 2017 quarter

Sales decline 89.09% to Rs 0.74 crore

Net profit of Swastik Safe Deposit & Investments declined 80.90% to Rs 0.34 crore in the quarter ended March 2017 as against Rs 1.78 crore during the previous quarter ended March 2016. Sales declined 89.09% to Rs 0.74 crore in the quarter ended March 2017 as against Rs 6.78 crore during the previous quarter ended March 2016.

For the full year,net profit declined 82.68% to Rs 1.23 crore in the year ended March 2017 as against Rs 7.10 crore during the previous year ended March 2016. Sales declined 94.72% to Rs 2.92 crore in the year ended March 2017 as against Rs 55.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.746.78 -89 2.9255.30 -95 OPM %100.0099.12 -100.0099.82 - PBDT0.192.84 -93 1.5710.90 -86 PBT0.192.84 -93 1.5710.90 -86 NP0.341.78 -81 1.237.10 -83

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