Vertex Securities consolidated net profit declines 52.00% in the March 2017 quarter

Sales rise 27.78% to Rs 1.61 crore

Net profit of Vertex Securities declined 52.00% to Rs 0.12 crore in the quarter ended March 2017 as against Rs 0.25 crore during the previous quarter ended March 2016. Sales rose 27.78% to Rs 1.61 crore in the quarter ended March 2017 as against Rs 1.26 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.48 crore in the year ended March 2017 as against net loss of Rs 0.61 crore during the previous year ended March 2016. Sales rose 33.47% to Rs 6.30 crore in the year ended March 2017 as against Rs 4.72 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.611.26 28 6.304.72 33 OPM %-4.35-26.19 --4.29-24.15 - PBDT0.210.34 -38 0.77-0.26 LP PBT0.120.25 -52 0.48-0.61 LP NP0.120.25 -52 0.48-0.61 LP

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