Advanta reports standalone net profit of Rs 3.91 crore in the December 2015 quarter

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Sales rise 35.33% to Rs 11.99 crore
Net profit of Advanta reported to Rs 3.91 crore in the quarter ended December 2015 as against net loss of Rs 11.04 crore during the previous quarter ended December 2014. Sales rose 35.33% to Rs 11.99 crore in the quarter ended December 2015 as against Rs 8.86 crore during the previous quarter ended December 2014.For the full year,net profit reported to Rs 32.86 crore in the year ended December 2015 as against net loss of Rs 5.17 crore during the previous year ended December 2014. Sales declined 16.39% to Rs 57.28 crore in the year ended December 2015 as against Rs 68.51 crore during the previous year ended December 2014.
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First Published: Jan 30 2016 | 8:25 AM IST