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Arihant Capital Markets consolidated net profit declines 41.81% in the March 2016 quarter

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Capital Market

Sales decline 26.16% to Rs 9.09 crore

Net profit of Arihant Capital Markets declined 41.81% to Rs 1.35 crore in the quarter ended March 2016 as against Rs 2.32 crore during the previous quarter ended March 2015. Sales declined 26.16% to Rs 9.09 crore in the quarter ended March 2016 as against Rs 12.31 crore during the previous quarter ended March 2015.

For the full year,net profit declined 22.74% to Rs 8.56 crore in the year ended March 2016 as against Rs 11.08 crore during the previous year ended March 2015. Sales declined 13.87% to Rs 40.85 crore in the year ended March 2016 as against Rs 47.43 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales9.0912.31 -26 40.8547.43 -14 OPM %22.7730.95 -29.0832.57 - PBDT2.174.22 -49 13.8817.59 -21 PBT1.923.99 -52 12.8716.35 -21 NP1.352.32 -42 8.5611.08 -23

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First Published: May 25 2016 | 8:50 AM IST

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