TCI Finance standalone net profit declines 17.65% in the March 2016 quarter

Sales rise 28.29% to Rs 2.63 crore

Net profit of TCI Finance declined 17.65% to Rs 0.14 crore in the quarter ended March 2016 as against Rs 0.17 crore during the previous quarter ended March 2015. Sales rose 28.29% to Rs 2.63 crore in the quarter ended March 2016 as against Rs 2.05 crore during the previous quarter ended March 2015.

For the full year,net profit declined 70.80% to Rs 1.98 crore in the year ended March 2016 as against Rs 6.78 crore during the previous year ended March 2015. Sales rose 7.34% to Rs 9.94 crore in the year ended March 2016 as against Rs 9.26 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.632.05 28 9.949.26 7 OPM %93.1696.59 -102.11136.50 - PBDT0.170.27 -37 2.328.19 -72 PBT0.160.27 -41 2.298.18 -72 NP0.140.17 -18 1.986.78 -71

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