Choice International consolidated net profit declines 59.43% in the March 2016 quarter

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Sales rise 436.88% to Rs 85.31 crore
Net profit of Choice International declined 59.43% to Rs 1.29 crore in the quarter ended March 2016 as against Rs 3.18 crore during the previous quarter ended March 2015. Sales rose 436.88% to Rs 85.31 crore in the quarter ended March 2016 as against Rs 15.89 crore during the previous quarter ended March 2015.For the full year,net profit declined 15.69% to Rs 4.30 crore in the year ended March 2016 as against Rs 5.10 crore during the previous year ended March 2015. Sales rose 235.43% to Rs 181.60 crore in the year ended March 2016 as against Rs 54.14 crore during the previous year ended March 2015.
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First Published: Jun 01 2016 | 5:04 PM IST