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Saven Technologies standalone net profit rises 200.00% in the March 2017 quarter

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Capital Market

Sales rise 8.62% to Rs 2.52 crore

Net profit of Saven Technologies rose 200.00% to Rs 0.24 crore in the quarter ended March 2017 as against Rs 0.08 crore during the previous quarter ended March 2016. Sales rose 8.62% to Rs 2.52 crore in the quarter ended March 2017 as against Rs 2.32 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.94% to Rs 1.70 crore in the year ended March 2017 as against Rs 1.62 crore during the previous year ended March 2016. Sales rose 13.64% to Rs 9.83 crore in the year ended March 2017 as against Rs 8.65 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.522.32 9 9.838.65 14 OPM %11.909.48 -18.6218.38 - PBDT0.420.50 -16 2.852.78 3 PBT0.340.41 -17 2.522.45 3 NP0.240.08 200 1.701.62 5

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First Published: May 18 2017 | 3:57 PM IST

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