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Landmark Property Development Company standalone net profit declines 33.33% in the March 2017 quarter

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Capital Market

Sales decline 12.12% to Rs 0.58 crore

Net profit of Landmark Property Development Company declined 33.33% to Rs 0.16 crore in the quarter ended March 2017 as against Rs 0.24 crore during the previous quarter ended March 2016. Sales declined 12.12% to Rs 0.58 crore in the quarter ended March 2017 as against Rs 0.66 crore during the previous quarter ended March 2016.

For the full year,net profit declined 32.56% to Rs 0.58 crore in the year ended March 2017 as against Rs 0.86 crore during the previous year ended March 2016. Sales declined 1.94% to Rs 2.53 crore in the year ended March 2017 as against Rs 2.58 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.580.66 -12 2.532.58 -2 OPM %20.6918.18 -14.6214.73 - PBDT0.200.29 -31 0.731.04 -30 PBT0.200.29 -31 0.731.04 -30 NP0.160.24 -33 0.580.86 -33

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First Published: May 23 2017 | 4:05 PM IST

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