Garbi Finvest standalone net profit declines 25.00% in the March 2017 quarter

Sales rise 4.17% to Rs 0.50 crore

Net profit of Garbi Finvest declined 25.00% to Rs 0.18 crore in the quarter ended March 2017 as against Rs 0.24 crore during the previous quarter ended March 2016. Sales rose 4.17% to Rs 0.50 crore in the quarter ended March 2017 as against Rs 0.48 crore during the previous quarter ended March 2016.

For the full year,net profit declined 40.00% to Rs 0.06 crore in the year ended March 2017 as against Rs 0.10 crore during the previous year ended March 2016. Sales declined 8.20% to Rs 0.56 crore in the year ended March 2017 as against Rs 0.61 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.500.48 4 0.560.61 -8 OPM %36.0050.00 -19.6422.95 - PBDT0.180.24 -25 0.120.14 -14 PBT0.180.24 -25 0.120.14 -14 NP0.180.24 -25 0.060.10 -40

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