Action Financial Services (I) standalone net profit declines 33.33% in the March 2016 quarter

Image
Capital Market
Last Updated : May 31 2016 | 5:13 PM IST

Sales decline 22.86% to Rs 0.27 crore

Net profit of Action Financial Services (I) declined 33.33% to Rs 0.24 crore in the quarter ended March 2016 as against Rs 0.36 crore during the previous quarter ended March 2015. Sales declined 22.86% to Rs 0.27 crore in the quarter ended March 2016 as against Rs 0.35 crore during the previous quarter ended March 2015.

For the full year,no net profit/loss reported in the year ended March 2016 as against net profit of Rs 0.22 crore during the previous year ended March 2015. Sales declined 7.83% to Rs 1.53 crore in the year ended March 2016 as against Rs 1.66 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.270.35 -23 1.531.66 -8 OPM %14.81-80.00 -15.69-25.30 - PBDT0.090.52 -83 0.140.17 -18 PBT-0.060.44 PL -0.30-0.27 -11 NP0.240.36 -33 00.22 -100

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 31 2016 | 4:56 PM IST

Next Story