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IL&FS Investment Managers consolidated net profit declines 57.07% in the March 2017 quarter

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Capital Market

Sales decline 25.78% to Rs 28.45 crore

Net profit of IL&FS Investment Managers declined 57.07% to Rs 3.61 crore in the quarter ended March 2017 as against Rs 8.41 crore during the previous quarter ended March 2016. Sales declined 25.78% to Rs 28.45 crore in the quarter ended March 2017 as against Rs 38.33 crore during the previous quarter ended March 2016.

For the full year,net profit declined 89.07% to Rs 6.13 crore in the year ended March 2017 as against Rs 56.08 crore during the previous year ended March 2016. Sales declined 44.50% to Rs 101.28 crore in the year ended March 2017 as against Rs 182.48 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales28.4538.33 -26 101.28182.48 -45 OPM %17.1546.54 -16.3947.80 - PBDT8.7119.42 -55 30.4995.20 -68 PBT5.2414.13 -63 13.8874.77 -81 NP3.618.41 -57 6.1356.08 -89

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First Published: Jun 14 2017 | 4:07 PM IST

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