Avon Mercantile standalone net profit declines 94.74% in the March 2016 quarter

Sales decline 42.68% to Rs 0.47 crore

Net profit of Avon Mercantile declined 94.74% to Rs 0.03 crore in the quarter ended March 2016 as against Rs 0.57 crore during the previous quarter ended March 2015. Sales declined 42.68% to Rs 0.47 crore in the quarter ended March 2016 as against Rs 0.82 crore during the previous quarter ended March 2015.

For the full year,net profit declined 59.38% to Rs 0.13 crore in the year ended March 2016 as against Rs 0.32 crore during the previous year ended March 2015. Sales rose 143.64% to Rs 2.68 crore in the year ended March 2016 as against Rs 1.10 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.470.82 -43 2.681.10 144 OPM %31.9173.17 -56.7244.55 - PBDT0.040.59 -93 0.230.48 -52 PBT0.040.59 -93 0.230.48 -52 NP0.030.57 -95 0.130.32 -59

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