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Sahara Housing Fina Corporation standalone net profit declines 9.38% in the March 2016 quarter

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Capital Market

Sales decline 26.76% to Rs 2.60 crore

Net profit of Sahara Housing Fina Corporation declined 9.38% to Rs 0.29 crore in the quarter ended March 2016 as against Rs 0.32 crore during the previous quarter ended March 2015. Sales declined 26.76% to Rs 2.60 crore in the quarter ended March 2016 as against Rs 3.55 crore during the previous quarter ended March 2015.

For the full year,net profit declined 14.16% to Rs 1.88 crore in the year ended March 2016 as against Rs 2.19 crore during the previous year ended March 2015. Sales declined 26.46% to Rs 12.73 crore in the year ended March 2016 as against Rs 17.31 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.603.55 -27 12.7317.31 -26 OPM %62.3158.31 -63.7170.02 - PBDT0.530.50 6 2.943.34 -12 PBT0.520.48 8 2.883.26 -12 NP0.290.32 -9 1.882.19 -14

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First Published: May 31 2016 | 9:55 AM IST

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