Arihant Avenues & Credit reports standalone nil net profit/loss in the March 2017 quarter

Sales rise 35.71% to Rs 0.76 crore

Arihant Avenues & Credit reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 0.14 crore during the previous quarter ended March 2016. Sales rose 35.71% to Rs 0.76 crore in the quarter ended March 2017 as against Rs 0.56 crore during the previous quarter ended March 2016.

For the full year,net profit declined 90.91% to Rs 0.01 crore in the year ended March 2017 as against Rs 0.11 crore during the previous year ended March 2016. Sales rose 36.73% to Rs 1.34 crore in the year ended March 2017 as against Rs 0.98 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.760.56 36 1.340.98 37 OPM %0-25.00 -4.4810.20 - PBDT0-0.14 100 0.060.10 -40 PBT0-0.14 100 0.060.10 -40 NP0-0.14 100 0.010.11 -91

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