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Motor & General Finance reports standalone net loss of Rs 1.24 crore in the March 2017 quarter

Capital Market 

Sales decline 12.64% to Rs 3.11 crore

Net loss of reported to Rs 1.24 crore in the quarter ended March 2017 as against net profit of Rs 2.08 crore during the previous quarter ended March 2016. Sales declined 12.64% to Rs 3.11 crore in the quarter ended March 2017 as against Rs 3.56 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.34 crore in the year ended March 2017 as against net profit of Rs 1.41 crore during the previous year ended March 2016. Sales declined 4.41% to Rs 13.22 crore in the year ended March 2017 as against Rs 13.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3.113.56 -13 13.2213.83 -4 OPM %-12.54-14.89 -23.5217.21 - PBDT-0.922.83 PL 0.562.94 -81 PBT-1.592.58 PL -0.691.94 PL NP-1.242.08 PL -0.341.41 PL

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

First Published: Fri, June 16 2017. 15:52 IST
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