Fortune Financial Services (India) reports consolidated net loss of Rs 1.05 crore in the March 2016 quarter

Sales decline 42.10% to Rs 28.02 crore

Net loss of Fortune Financial Services (India) reported to Rs 1.05 crore in the quarter ended March 2016 as against net profit of Rs 2.25 crore during the previous quarter ended March 2015. Sales declined 42.10% to Rs 28.02 crore in the quarter ended March 2016 as against Rs 48.39 crore during the previous quarter ended March 2015.

For the full year,net profit rose 282.43% to Rs 5.66 crore in the year ended March 2016 as against Rs 1.48 crore during the previous year ended March 2015. Sales declined 14.75% to Rs 132.60 crore in the year ended March 2016 as against Rs 155.54 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales28.0248.39 -42 132.60155.54 -15 OPM %11.7126.62 -17.4220.98 - PBDT2.114.57 -54 15.2812.92 18 PBT-0.022.38 PL 6.833.82 79 NP-1.052.25 PL 5.661.48 282

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