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Sadbhav Infrastructure Projects standalone net profit declines 80.40% in the March 2017 quarter

Capital Market 

Sales rise 23.44% to Rs 71.84 crore

Net profit of Sadbhav Infrastructure Projects declined 80.40% to Rs 13.54 crore in the quarter ended March 2017 as against Rs 69.08 crore during the previous quarter ended March 2016. Sales rose 23.44% to Rs 71.84 crore in the quarter ended March 2017 as against Rs 58.20 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 41.16 crore in the year ended March 2017 as against net loss of Rs 5.04 crore during the previous year ended March 2016. Sales rose 232.69% to Rs 285.45 crore in the year ended March 2017 as against Rs 85.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales71.8458.20 23 285.4585.80 233 OPM %64.4560.64 -54.1345.59 - PBDT19.447.67 153 53.28-66.38 LP PBT19.247.66 151 52.59-66.45 LP NP13.5469.08 -80 41.16-5.04 LP

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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, May 19 2017. 17:11 IST
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