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Ortel Communications standalone net profit declines 70.65% in the March 2017 quarter

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Sales decline 13.53% to Rs 46.07 crore

Net profit of Ortel Communications declined 70.65% to Rs 0.81 crore in the quarter ended March 2017 as against Rs 2.76 crore during the previous quarter ended March 2016. Sales declined 13.53% to Rs 46.07 crore in the quarter ended March 2017 as against Rs 53.28 crore during the previous quarter ended March 2016.

For the full year,net profit declined 88.01% to Rs 1.43 crore in the year ended March 2017 as against Rs 11.93 crore during the previous year ended March 2016. Sales rose 8.35% to Rs 203.37 crore in the year ended March 2017 as against Rs 187.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales46.0753.28 -14 203.37187.70 8 OPM %20.8625.15 -23.0425.85 - PBDT5.488.69 -37 25.4833.56 -24 PBT-0.923.74 PL 1.4314.99 -90 NP0.812.76 -71 1.4311.93 -88

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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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Ortel Communications standalone net profit declines 70.65% in the March 2017 quarter

Sales decline 13.53% to Rs 46.07 crore

Sales decline 13.53% to Rs 46.07 crore

Net profit of Ortel Communications declined 70.65% to Rs 0.81 crore in the quarter ended March 2017 as against Rs 2.76 crore during the previous quarter ended March 2016. Sales declined 13.53% to Rs 46.07 crore in the quarter ended March 2017 as against Rs 53.28 crore during the previous quarter ended March 2016.

For the full year,net profit declined 88.01% to Rs 1.43 crore in the year ended March 2017 as against Rs 11.93 crore during the previous year ended March 2016. Sales rose 8.35% to Rs 203.37 crore in the year ended March 2017 as against Rs 187.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales46.0753.28 -14 203.37187.70 8 OPM %20.8625.15 -23.0425.85 - PBDT5.488.69 -37 25.4833.56 -24 PBT-0.923.74 PL 1.4314.99 -90 NP0.812.76 -71 1.4311.93 -88

Powered by Capital Market - Live News

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

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Business Standard
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Ortel Communications standalone net profit declines 70.65% in the March 2017 quarter

Sales decline 13.53% to Rs 46.07 crore

Net profit of Ortel Communications declined 70.65% to Rs 0.81 crore in the quarter ended March 2017 as against Rs 2.76 crore during the previous quarter ended March 2016. Sales declined 13.53% to Rs 46.07 crore in the quarter ended March 2017 as against Rs 53.28 crore during the previous quarter ended March 2016.

For the full year,net profit declined 88.01% to Rs 1.43 crore in the year ended March 2017 as against Rs 11.93 crore during the previous year ended March 2016. Sales rose 8.35% to Rs 203.37 crore in the year ended March 2017 as against Rs 187.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales46.0753.28 -14 203.37187.70 8 OPM %20.8625.15 -23.0425.85 - PBDT5.488.69 -37 25.4833.56 -24 PBT-0.923.74 PL 1.4314.99 -90 NP0.812.76 -71 1.4311.93 -88

Powered by Capital Market - Live News

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

image
Business Standard
177 22