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Baid Leasing & Finance Co standalone net profit rises 67.27% in the March 2016 quarter

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Capital Market

Sales rise 115.74% to Rs 5.07 crore

Net profit of Baid Leasing & Finance Co rose 67.27% to Rs 0.92 crore in the quarter ended March 2016 as against Rs 0.55 crore during the previous quarter ended March 2015. Sales rose 115.74% to Rs 5.07 crore in the quarter ended March 2016 as against Rs 2.35 crore during the previous quarter ended March 2015.

For the full year,net profit rose 129.17% to Rs 2.75 crore in the year ended March 2016 as against Rs 1.20 crore during the previous year ended March 2015. Sales rose 112.99% to Rs 17.87 crore in the year ended March 2016 as against Rs 8.39 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.072.35 116 17.878.39 113 OPM %27.0271.06 -54.2863.17 - PBDT1.320.91 45 4.211.97 114 PBT1.250.80 56 4.021.81 122 NP0.920.55 67 2.751.20 129

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First Published: May 09 2016 | 9:21 AM IST

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