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Proaim Enterprises standalone net profit rises 518.18% in the March 2017 quarter

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Capital Market

Sales decline 84.45% to Rs 0.72 crore

Net profit of Proaim Enterprises rose 518.18% to Rs 0.68 crore in the quarter ended March 2017 as against Rs 0.11 crore during the previous quarter ended March 2016. Sales declined 84.45% to Rs 0.72 crore in the quarter ended March 2017 as against Rs 4.63 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.31 crore in the year ended March 2017 as against net loss of Rs 1.86 crore during the previous year ended March 2016. Sales rose 42.26% to Rs 7.81 crore in the year ended March 2017 as against Rs 5.49 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.724.63 -84 7.815.49 42 OPM %100.002.38 -100.00-34.06 - PBDT0.380.11 245 0.01-1.86 LP PBT0.380.11 245 0.01-1.86 LP NP0.680.11 518 0.31-1.86 LP

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First Published: May 24 2017 | 5:55 PM IST

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