Ashiana Housing consolidated net profit declines 65.18% in the March 2017 quarter

Sales decline 47.80% to Rs 191.68 crore

Net profit of Ashiana Housing declined 65.18% to Rs 38.05 crore in the quarter ended March 2017 as against Rs 109.29 crore during the previous quarter ended March 2016. Sales declined 47.80% to Rs 191.68 crore in the quarter ended March 2017 as against Rs 367.20 crore during the previous quarter ended March 2016.

For the full year,net profit declined 36.66% to Rs 67.01 crore in the year ended March 2017 as against Rs 105.79 crore during the previous year ended March 2016. Sales declined 27.15% to Rs 358.59 crore in the year ended March 2017 as against Rs 492.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales191.68367.20 -48 358.59492.25 -27 OPM %30.0432.06 -25.4528.53 - PBDT57.86119.57 -52 99.36151.27 -34 PBT55.77117.66 -53 91.48143.30 -36 NP38.05109.29 -65 67.01105.79 -37

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