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HB Leasing & Finance Co standalone net profit rises 571.43% in the March 2017 quarter

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Capital Market

Sales rise 164.00% to Rs 0.66 crore

Net profit of HB Leasing & Finance Co rose 571.43% to Rs 0.47 crore in the quarter ended March 2017 as against Rs 0.07 crore during the previous quarter ended March 2016. Sales rose 164.00% to Rs 0.66 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 reported to Rs 0.10 crore in the year ended March 2017 as against net loss of Rs 0.43 crore during the previous year ended March 2016. Sales rose 200.00% to Rs 0.75 crore in the year ended March 2017 as against Rs 0.25 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.660.25 164 0.750.25 200 OPM %71.2128.00 -14.67-172.00 - PBDT0.470.07 571 0.11-0.43 LP PBT0.470.07 571 0.11-0.43 LP NP0.470.07 571 0.10-0.43 LP

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

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