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Morarka Finance reports standalone net loss of Rs 0.01 crore in the March 2016 quarter

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Capital Market

Sales rise 225.00% to Rs 0.13 crore

Net Loss of Morarka Finance reported to Rs 0.01 crore in the quarter ended March 2016 as against net loss of Rs 0.05 crore during the previous quarter ended March 2015. Sales rose 225.00% to Rs 0.13 crore in the quarter ended March 2016 as against Rs 0.04 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2016 as against net loss of Rs 0.04 crore during the previous year ended March 2015. Sales rose 61.90% to Rs 0.34 crore in the year ended March 2016 as against Rs 0.21 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.130.04 225 0.340.21 62 OPM %0-50.00 -5.88-4.76 - PBDT0-0.02 100 0.02-0.01 LP PBT0-0.02 100 0.02-0.01 LP NP-0.01-0.05 80 0.01-0.04 LP

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First Published: May 26 2016 | 3:33 PM IST

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