Goenka Diamond & Jewels reports standalone net profit of Rs 2.88 crore in the March 2017 quarter

Sales decline 97.86% to Rs 0.32 crore

Net profit of Goenka Diamond & Jewels reported to Rs 2.88 crore in the quarter ended March 2017 as against net loss of Rs 37.29 crore during the previous quarter ended March 2016. Sales declined 97.86% to Rs 0.32 crore in the quarter ended March 2017 as against Rs 14.92 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 6.42 crore in the year ended March 2017 as against net loss of Rs 32.22 crore during the previous year ended March 2016. Sales declined 96.91% to Rs 2.83 crore in the year ended March 2017 as against Rs 91.45 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.3214.92 -98 2.8391.45 -97 OPM %-190.634.02 --90.112.62 - PBDT6.59-37.31 LP -2.21-31.01 93 PBT6.44-37.46 LP -2.80-31.63 91 NP2.88-37.29 LP -6.42-32.22 80

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