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Mahaveer Infoway standalone net profit declines 85.71% in the June 2016 quarter

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Sales decline 50.93% to Rs 5.52 crore

Net profit of Mahaveer Infoway declined 85.71% to Rs 0.02 crore in the quarter ended June 2016 as against Rs 0.14 crore during the previous quarter ended June 2015. Sales declined 50.93% to Rs 5.52 crore in the quarter ended June 2016 as against Rs 11.25 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales5.5211.25 -51 OPM %3.442.13 -PBDT0.040.15 -73 PBT0.020.14 -86 NP0.020.14 -86

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First Published: Aug 10 2016 | 3:39 PM IST

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