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Dharani Finance standalone net profit declines 70.37% in the March 2017 quarter

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Capital Market

Sales rise 7.46% to Rs 0.72 crore

Net profit of Dharani Finance declined 70.37% to Rs 0.08 crore in the quarter ended March 2017 as against Rs 0.27 crore during the previous quarter ended March 2016. Sales rose 7.46% to Rs 0.72 crore in the quarter ended March 2017 as against Rs 0.67 crore during the previous quarter ended March 2016.

For the full year,net profit rose 3.13% to Rs 0.33 crore in the year ended March 2017 as against Rs 0.32 crore during the previous year ended March 2016. Sales rose 5.56% to Rs 2.47 crore in the year ended March 2017 as against Rs 2.34 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.720.67 7 2.472.34 6 OPM %15.2864.18 -11.3415.38 - PBDT0.180.40 -55 0.450.47 -4 PBT0.170.39 -56 0.420.44 -5 NP0.080.27 -70 0.330.32 3

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First Published: May 26 2017 | 3:55 PM IST

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