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Saregama India reports standalone net profit of Rs 3.70 crore in the March 2017 quarter

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Capital Market

Sales rise 8.52% to Rs 57.67 crore

Net profit of Saregama India reported to Rs 3.70 crore in the quarter ended March 2017 as against net loss of Rs 0.96 crore during the previous quarter ended March 2016. Sales rose 8.52% to Rs 57.67 crore in the quarter ended March 2017 as against Rs 53.14 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.12% to Rs 7.71 crore in the year ended March 2017 as against Rs 7.55 crore during the previous year ended March 2016. Sales declined 3.13% to Rs 207.94 crore in the year ended March 2017 as against Rs 214.66 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales57.6753.14 9 207.94214.66 -3 OPM %2.976.38 -4.187.03 - PBDT8.168.31 -2 19.9924.65 -19 PBT8.017.95 1 16.0619.39 -17 NP3.70-0.96 LP 7.717.55 2

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First Published: May 26 2017 | 4:09 PM IST

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