Explicit Finance reports standalone net loss of Rs 0.03 crore in the March 2016 quarter

Sales decline 41.18% to Rs 0.80 crore

Net loss of Explicit Finance reported to Rs 0.03 crore in the quarter ended March 2016 as against net profit of Rs 0.03 crore during the previous quarter ended March 2015. Sales declined 41.18% to Rs 0.80 crore in the quarter ended March 2016 as against Rs 1.36 crore during the previous quarter ended March 2015.

For the full year,no net profit/loss reported in the year ended March 2016 and during the previous year ended March 2015. Sales declined 23.39% to Rs 5.01 crore in the year ended March 2016 as against Rs 6.54 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.801.36 -41 5.016.54 -23 OPM %-2.502.94 -0.600.31 - PBDT-0.030.03 PL 0.010.01 0 PBT-0.030.03 PL 00 0 NP-0.030.03 PL 00 0

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