Pioneer Investcorp standalone net profit declines 96.11% in the December 2017 quarter

Sales decline 53.11% to Rs 9.79 crore

Net profit of Pioneer Investcorp declined 96.11% to Rs 0.32 crore in the quarter ended December 2017 as against Rs 8.22 crore during the previous quarter ended December 2016. Sales declined 53.11% to Rs 9.79 crore in the quarter ended December 2017 as against Rs 20.88 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales9.7920.88 -53 OPM %14.6175.00 -PBDT0.5512.47 -96 PBT0.5012.30 -96 NP0.328.22 -96

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