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IL&FS Investment Managers standalone net profit declines 86.54% in the March 2017 quarter

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Capital Market

Sales decline 33.76% to Rs 10.32 crore

Net profit of IL&FS Investment Managers declined 86.54% to Rs 2.85 crore in the quarter ended March 2017 as against Rs 21.18 crore during the previous quarter ended March 2016. Sales declined 33.76% to Rs 10.32 crore in the quarter ended March 2017 as against Rs 15.58 crore during the previous quarter ended March 2016.

For the full year,net profit declined 51.21% to Rs 23.97 crore in the year ended March 2017 as against Rs 49.13 crore during the previous year ended March 2016. Sales declined 37.70% to Rs 46.07 crore in the year ended March 2017 as against Rs 73.95 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.3215.58 -34 46.0773.95 -38 OPM %1.36165.98 -46.4381.62 - PBDT1.4227.04 -95 28.7565.38 -56 PBT1.2426.84 -95 28.1364.88 -57 NP2.8521.18 -87 23.9749.13 -51

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First Published: May 30 2017 | 3:29 PM IST

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