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Visagar Financial Services standalone net profit declines 91.01% in the March 2019 quarter

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Capital Market

Sales decline 80.99% to Rs 0.27 crore

Net profit of Visagar Financial Services declined 91.01% to Rs 0.17 crore in the quarter ended March 2019 as against Rs 1.89 crore during the previous quarter ended March 2018. Sales declined 80.99% to Rs 0.27 crore in the quarter ended March 2019 as against Rs 1.42 crore during the previous quarter ended March 2018.

For the full year,net profit rose 33.33% to Rs 0.04 crore in the year ended March 2019 as against Rs 0.03 crore during the previous year ended March 2018. Sales declined 90.48% to Rs 0.54 crore in the year ended March 2019 as against Rs 5.67 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales0.271.42 -81 0.545.67 -90 OPM %-114.81152.11 --87.046.88 - PBDT0.191.90 -90 0.060.04 50 PBT0.191.90 -90 0.060.04 50 NP0.171.89 -91 0.040.03 33

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First Published: Jun 01 2019 | 2:40 PM IST

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