United Credit reports standalone net loss of Rs 0.17 crore in the March 2016 quarter

Sales decline 20.37% to Rs 0.43 crore

Net loss of United Credit reported to Rs 0.17 crore in the quarter ended March 2016 as against net profit of Rs 0.19 crore during the previous quarter ended March 2015. Sales declined 20.37% to Rs 0.43 crore in the quarter ended March 2016 as against Rs 0.54 crore during the previous quarter ended March 2015.

For the full year,net profit declined 88.46% to Rs 0.06 crore in the year ended March 2016 as against Rs 0.52 crore during the previous year ended March 2015. Sales declined 9.23% to Rs 1.77 crore in the year ended March 2016 as against Rs 1.95 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.430.54 -20 1.771.95 -9 OPM %-181.4051.85 --23.7343.59 - PBDT0.010.29 -97 0.370.88 -58 PBT-0.020.26 PL 0.280.82 -66 NP-0.170.19 PL 0.060.52 -88

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