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Sangam Advisors standalone net profit declines 74.07% in the March 2017 quarter

Capital Market 

Sales decline 77.78% to Rs 0.10 crore

Net profit of Sangam Advisors declined 74.07% to Rs 0.07 crore in the quarter ended March 2017 as against Rs 0.27 crore during the previous quarter ended March 2016. Sales declined 77.78% to Rs 0.10 crore in the quarter ended March 2017 as against Rs 0.45 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.03 crore in the year ended March 2017 as against net profit of Rs 0.09 crore during the previous year ended March 2016. Sales declined 45.83% to Rs 0.26 crore in the year ended March 2017 as against Rs 0.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.100.45 -78 0.260.48 -46 OPM %70.0064.44 --11.5427.08 - PBDT0.070.29 -76 -0.030.13 PL PBT0.070.29 -76 -0.030.13 PL NP0.070.27 -74 -0.030.09 PL

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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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