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Crest Ventures standalone net profit declines 96.12% in the March 2017 quarter

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Capital Market

Sales rise 56.55% to Rs 4.54 crore

Net profit of Crest Ventures declined 96.12% to Rs 0.43 crore in the quarter ended March 2017 as against Rs 11.09 crore during the previous quarter ended March 2016. Sales rose 56.55% to Rs 4.54 crore in the quarter ended March 2017 as against Rs 2.90 crore during the previous quarter ended March 2016.

For the full year,net profit declined 67.29% to Rs 3.32 crore in the year ended March 2017 as against Rs 10.15 crore during the previous year ended March 2016. Sales rose 50.77% to Rs 17.58 crore in the year ended March 2017 as against Rs 11.66 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.542.90 57 17.5811.66 51 OPM %54.4147.59 -58.3638.51 - PBDT0.9010.24 -91 4.528.96 -50 PBT0.7710.03 -92 4.038.13 -50 NP0.4311.09 -96 3.3210.15 -67

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First Published: May 11 2017 | 1:54 PM IST

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