Golkunda Diamonds & Jewellery standalone net profit declines 67.27% in the March 2017 quarter

Sales decline 20.48% to Rs 21.24 crore

Net profit of Golkunda Diamonds & Jewellery declined 67.27% to Rs 0.18 crore in the quarter ended March 2017 as against Rs 0.55 crore during the previous quarter ended March 2016. Sales declined 20.48% to Rs 21.24 crore in the quarter ended March 2017 as against Rs 26.71 crore during the previous quarter ended March 2016.

For the full year,net profit declined 70.57% to Rs 0.83 crore in the year ended March 2017 as against Rs 2.82 crore during the previous year ended March 2016. Sales declined 14.26% to Rs 83.75 crore in the year ended March 2017 as against Rs 97.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales21.2426.71 -20 83.7597.68 -14 OPM %4.336.10 -4.477.71 - PBDT0.400.92 -57 1.564.53 -66 PBT0.330.85 -61 1.274.24 -70 NP0.180.55 -67 0.832.82 -71

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