Almondz Global Securities standalone net profit declines 66.46% in the March 2017 quarter

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Sales decline 52.35% to Rs 7.10 crore
Net profit of Almondz Global Securities declined 66.46% to Rs 1.08 crore in the quarter ended March 2017 as against Rs 3.22 crore during the previous quarter ended March 2016. Sales declined 52.35% to Rs 7.10 crore in the quarter ended March 2017 as against Rs 14.90 crore during the previous quarter ended March 2016.For the full year,net profit rose 118.84% to Rs 1.51 crore in the year ended March 2017 as against Rs 0.69 crore during the previous year ended March 2016. Sales declined 7.50% to Rs 27.77 crore in the year ended March 2017 as against Rs 30.02 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 2:58 PM IST