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Trade-Wings standalone net profit declines 67.90% in the March 2017 quarter

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Capital Market

Sales decline 16.43% to Rs 4.07 crore

Net profit of Trade-Wings declined 67.90% to Rs 0.26 crore in the quarter ended March 2017 as against Rs 0.81 crore during the previous quarter ended March 2016. Sales declined 16.43% to Rs 4.07 crore in the quarter ended March 2017 as against Rs 4.87 crore during the previous quarter ended March 2016.

For the full year,net profit declined 32.00% to Rs 0.34 crore in the year ended March 2017 as against Rs 0.50 crore during the previous year ended March 2016. Sales rose 8.87% to Rs 18.91 crore in the year ended March 2017 as against Rs 17.37 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.074.87 -16 18.9117.37 9 OPM %18.9225.67 -10.6312.38 - PBDT0.520.85 -39 1.051.01 4 PBT0.350.66 -47 0.430.35 23 NP0.260.81 -68 0.340.50 -32

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First Published: Jun 01 2017 | 4:03 PM IST

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