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Bajaj Finserv standalone net profit declines 90.59% in the March 2017 quarter

Capital Market 

Sales decline 71.06% to Rs 23.88 crore

Net profit of declined 90.59% to Rs 6.35 crore in the quarter ended March 2017 as against Rs 67.48 crore during the previous quarter ended March 2016. Sales declined 71.06% to Rs 23.88 crore in the quarter ended March 2017 as against Rs 82.52 crore during the previous quarter ended March 2016.

For the full year,net profit declined 57.08% to Rs 70.02 crore in the year ended March 2017 as against Rs 163.13 crore during the previous year ended March 2016. Sales declined 36.49% to Rs 153.90 crore in the year ended March 2017 as against Rs 242.32 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales23.8882.52 -71 153.90242.32 -36 OPM %38.1987.36 -61.3177.20 - PBDT12.1174.41 -84 105.46196.19 -46 PBT11.7474.17 -84 104.00194.81 -47 NP6.3567.48 -91 70.02163.13 -57

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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