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Fruition Venture standalone net profit rises 3050.00% in the March 2016 quarter

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Capital Market

Sales decline 26.37% to Rs 0.67 crore

Net profit of Fruition Venture rose 3050.00% to Rs 0.63 crore in the quarter ended March 2016 as against Rs 0.02 crore during the previous quarter ended March 2015. Sales declined 26.37% to Rs 0.67 crore in the quarter ended March 2016 as against Rs 0.91 crore during the previous quarter ended March 2015.

For the full year,net profit rose 290.00% to Rs 1.17 crore in the year ended March 2016 as against Rs 0.30 crore during the previous year ended March 2015. Sales rose 93.98% to Rs 11.27 crore in the year ended March 2016 as against Rs 5.81 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.670.91 -26 11.275.81 94 OPM %128.3630.77 -10.3810.15 - PBDT0.860.29 197 1.220.64 91 PBT0.860.28 207 1.210.63 92 NP0.630.02 3050 1.170.30 290

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First Published: May 18 2016 | 7:58 AM IST

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