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Nalin Lease Finance standalone net profit rises 175.00% in the March 2017 quarter

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Capital Market

Sales rise 80.95% to Rs 0.76 crore

Net profit of Nalin Lease Finance rose 175.00% to Rs 0.33 crore in the quarter ended March 2017 as against Rs 0.12 crore during the previous quarter ended March 2016. Sales rose 80.95% to Rs 0.76 crore in the quarter ended March 2017 as against Rs 0.42 crore during the previous quarter ended March 2016.

For the full year,net profit rose 30.99% to Rs 0.93 crore in the year ended March 2017 as against Rs 0.71 crore during the previous year ended March 2016. Sales rose 14.01% to Rs 2.36 crore in the year ended March 2017 as against Rs 2.07 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.760.42 81 2.362.07 14 OPM %59.2126.19 -60.5951.69 - PBDT0.420.12 250 1.461.19 23 PBT0.330.12 175 1.371.10 25 NP0.330.12 175 0.930.71 31

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First Published: May 29 2017 | 2:58 PM IST

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