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Dhoot Industrial Finance standalone net profit rises 821.05% in the March 2017 quarter

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Capital Market

Sales decline 46.09% to Rs 17.86 crore

Net profit of Dhoot Industrial Finance rose 821.05% to Rs 1.75 crore in the quarter ended March 2017 as against Rs 0.19 crore during the previous quarter ended March 2016. Sales declined 46.09% to Rs 17.86 crore in the quarter ended March 2017 as against Rs 33.13 crore during the previous quarter ended March 2016.

For the full year,net profit declined 42.31% to Rs 3.04 crore in the year ended March 2017 as against Rs 5.27 crore during the previous year ended March 2016. Sales declined 39.80% to Rs 71.69 crore in the year ended March 2017 as against Rs 119.09 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.8633.13 -46 71.69119.09 -40 OPM %20.770.33 -10.025.20 - PBDT2.620.19 1279 5.508.15 -33 PBT2.41-0.01 LP 4.707.46 -37 NP1.750.19 821 3.045.27 -42

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First Published: May 22 2017 | 4:02 PM IST

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