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Avonmore Capital & Management Services consolidated net profit rises 25.73% in the March 2017 quarter

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Capital Market

Sales decline 32.45% to Rs 13.82 crore

Net profit of Avonmore Capital & Management Services rose 25.73% to Rs 3.03 crore in the quarter ended March 2017 as against Rs 2.41 crore during the previous quarter ended March 2016. Sales declined 32.45% to Rs 13.82 crore in the quarter ended March 2017 as against Rs 20.46 crore during the previous quarter ended March 2016.

For the full year,net profit rose 3166.67% to Rs 5.88 crore in the year ended March 2017 as against Rs 0.18 crore during the previous year ended March 2016. Sales rose 12.00% to Rs 49.38 crore in the year ended March 2017 as against Rs 44.09 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales13.8220.46 -32 49.3844.09 12 OPM %-0.8725.71 -14.09-0.57 - PBDT0.015.29 -100 6.852.85 140 PBT-0.274.86 PL 5.320.93 472 NP3.032.41 26 5.880.18 3167

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First Published: May 30 2017 | 3:23 PM IST

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