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Smartlink Network Systems standalone net profit declines 72.00% in the March 2017 quarter

Capital Market 

Sales decline 50.38% to Rs 3.97 crore

Net profit of Smartlink Network Systems declined 72.00% to Rs 0.70 crore in the quarter ended March 2017 as against Rs 2.50 crore during the previous quarter ended March 2016. Sales declined 50.38% to Rs 3.97 crore in the quarter ended March 2017 as against Rs 8.00 crore during the previous quarter ended March 2016.

For the full year,net profit rose 18.04% to Rs 5.17 crore in the year ended March 2017 as against Rs 4.38 crore during the previous year ended March 2016. Sales declined 32.31% to Rs 21.64 crore in the year ended March 2017 as against Rs 31.97 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3.978.00 -50 21.6431.97 -32 OPM %23.4363.38 -42.2447.45 - PBDT1.875.10 -63 11.5115.40 -25 PBT1.554.82 -68 10.3114.02 -26 NP0.702.50 -72 5.174.38 18

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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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