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Comfort Fincap standalone net profit declines 62.16% in the March 2017 quarter

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Capital Market

Sales rise 46.60% to Rs 1.51 crore

Net profit of Comfort Fincap declined 62.16% to Rs 0.28 crore in the quarter ended March 2017 as against Rs 0.74 crore during the previous quarter ended March 2016. Sales rose 46.60% to Rs 1.51 crore in the quarter ended March 2017 as against Rs 1.03 crore during the previous quarter ended March 2016.

For the full year,net profit declined 13.78% to Rs 1.94 crore in the year ended March 2017 as against Rs 2.25 crore during the previous year ended March 2016. Sales rose 28.61% to Rs 4.72 crore in the year ended March 2017 as against Rs 3.67 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.511.03 47 4.723.67 29 OPM %72.19103.88 -74.1590.46 - PBDT0.860.99 -13 2.833.01 -6 PBT0.860.99 -13 2.823.00 -6 NP0.280.74 -62 1.942.25 -14

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First Published: May 20 2017 | 5:39 PM IST

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