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Paragon Finance reports standalone net loss of Rs 0.32 crore in the March 2016 quarter

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Capital Market

Sales decline 68.46% to Rs 0.41 crore

Net loss of Paragon Finance reported to Rs 0.32 crore in the quarter ended March 2016 as against net profit of Rs 0.06 crore during the previous quarter ended March 2015. Sales declined 68.46% to Rs 0.41 crore in the quarter ended March 2016 as against Rs 1.30 crore during the previous quarter ended March 2015.

For the full year,net profit declined 26.15% to Rs 0.48 crore in the year ended March 2016 as against Rs 0.65 crore during the previous year ended March 2015. Sales declined 36.05% to Rs 3.14 crore in the year ended March 2016 as against Rs 4.91 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.411.30 -68 3.144.91 -36 OPM %36.5940.00 -35.6740.53 - PBDT-0.230.31 PL 0.791.15 -31 PBT-0.280.12 PL 0.590.86 -31 NP-0.320.06 PL 0.480.65 -26

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First Published: Jun 03 2016 | 12:51 PM IST

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