Veronica Production standalone net profit declines 80.00% in the March 2017 quarter

Sales decline 56.70% to Rs 2.36 crore

Net profit of Veronica Production declined 80.00% to Rs 0.04 crore in the quarter ended March 2017 as against Rs 0.20 crore during the previous quarter ended March 2016. Sales declined 56.70% to Rs 2.36 crore in the quarter ended March 2017 as against Rs 5.45 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.04 crore in the year ended March 2017 as against net profit of Rs 0.69 crore during the previous year ended March 2016. Sales declined 50.76% to Rs 10.97 crore in the year ended March 2017 as against Rs 22.28 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.365.45 -57 10.9722.28 -51 OPM %5.517.34 -2.555.75 - PBDT0.130.39 -67 0.271.25 -78 PBT0.060.32 -81 -0.020.96 PL NP0.040.20 -80 -0.040.69 PL

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