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GDL Leasing & Finance reports standalone nil net profit/loss in the March 2017 quarter

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Capital Market

Sales decline 56.00% to Rs 0.11 crore

GDL Leasing & Finance reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 0.01 crore during the previous quarter ended March 2016. Sales declined 56.00% to Rs 0.11 crore in the quarter ended March 2017 as against Rs 0.25 crore during the previous quarter ended March 2016.

For the full year,net profit remain constant at Rs 0.01 crore in the year ended March 2017 and also during the previous year ended March 2016. Sales declined 32.65% to Rs 0.33 crore in the year ended March 2017 as against Rs 0.49 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.110.25 -56 0.330.49 -33 OPM %0-4.00 -3.032.04 - PBDT0-0.01 100 0.010.01 0 PBT0-0.01 100 0.010.01 0 NP0-0.01 100 0.010.01 0

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First Published: May 31 2017 | 11:45 AM IST

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