Alpine Housing Development Corporation standalone net profit declines 51.33% in the March 2017 quarter

Sales rise 600.92% to Rs 7.64 crore

Net profit of Alpine Housing Development Corporation declined 51.33% to Rs 0.55 crore in the quarter ended March 2017 as against Rs 1.13 crore during the previous quarter ended March 2016. Sales rose 600.92% to Rs 7.64 crore in the quarter ended March 2017 as against Rs 1.09 crore during the previous quarter ended March 2016.

For the full year,net profit declined 25.19% to Rs 3.03 crore in the year ended March 2017 as against Rs 4.05 crore during the previous year ended March 2016. Sales rose 15.92% to Rs 27.82 crore in the year ended March 2017 as against Rs 24.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7.641.09 601 27.8224.00 16 OPM %15.97170.64 -20.6328.38 - PBDT0.721.71 -58 4.596.19 -26 PBT0.501.52 -67 3.735.35 -30 NP0.551.13 -51 3.034.05 -25

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