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SVP Global Ventures consolidated net profit rises 188.19% in the March 2017 quarter

Capital Market 

Sales rise 52.97% to Rs 677.38 crore

Net profit of SVP Global Ventures rose 188.19% to Rs 8.30 crore in the quarter ended March 2017 as against Rs 2.88 crore during the previous quarter ended March 2016. Sales rose 52.97% to Rs 677.38 crore in the quarter ended March 2017 as against Rs 442.83 crore during the previous quarter ended March 2016.

For the full year,net profit rose 100.34% to Rs 17.61 crore in the year ended March 2017 as against Rs 8.79 crore during the previous year ended March 2016. Sales rose 6.59% to Rs 1901.68 crore in the year ended March 2017 as against Rs 1784.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales677.38442.83 53 1901.681784.13 7 OPM %7.983.74 -7.153.71 - PBDT24.854.02 518 52.4115.97 228 PBT8.302.91 185 19.0711.55 65 NP8.302.88 188 17.618.79 100

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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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