Coral India Finance & Housing standalone net profit declines 27.27% in the March 2017 quarter

Sales decline 14.13% to Rs 2.37 crore

Net profit of Coral India Finance & Housing declined 27.27% to Rs 0.96 crore in the quarter ended March 2017 as against Rs 1.32 crore during the previous quarter ended March 2016. Sales declined 14.13% to Rs 2.37 crore in the quarter ended March 2017 as against Rs 2.76 crore during the previous quarter ended March 2016.

For the full year,net profit rose 27.92% to Rs 8.11 crore in the year ended March 2017 as against Rs 6.34 crore during the previous year ended March 2016. Sales rose 15.67% to Rs 13.21 crore in the year ended March 2017 as against Rs 11.42 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.372.76 -14 13.2111.42 16 OPM %57.3861.23 -77.9071.02 - PBDT1.361.69 -20 10.298.11 27 PBT1.361.57 -13 10.067.85 28 NP0.961.32 -27 8.116.34 28

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