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Srestha Finvest reports standalone net loss of Rs 0.25 crore in the March 2017 quarter

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Capital Market

Sales decline 39.42% to Rs 0.63 crore

Net loss of Srestha Finvest reported to Rs 0.25 crore in the quarter ended March 2017 as against net profit of Rs 0.08 crore during the previous quarter ended March 2016. Sales declined 39.42% to Rs 0.63 crore in the quarter ended March 2017 as against Rs 1.04 crore during the previous quarter ended March 2016.

For the full year,net profit rose 133.33% to Rs 0.07 crore in the year ended March 2017 as against Rs 0.03 crore during the previous year ended March 2016. Sales rose 65.31% to Rs 2.43 crore in the year ended March 2017 as against Rs 1.47 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.631.04 -39 2.431.47 65 OPM %-17.4691.35 -48.5661.22 - PBDT-0.250.10 PL 0.110.05 120 PBT-0.250.08 PL 0.100.03 233 NP-0.250.08 PL 0.070.03 133

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First Published: Jun 01 2017 | 4:55 PM IST

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