Himachal Futuristic Communications reports standalone net profit of Rs 31.62 crore in the March 2017 quarter

Sales decline 8.48% to Rs 699.09 crore

Net profit of Himachal Futuristic Communications reported to Rs 31.62 crore in the quarter ended March 2017 as against net loss of Rs 92.40 crore during the previous quarter ended March 2016. Sales declined 8.48% to Rs 699.09 crore in the quarter ended March 2017 as against Rs 763.90 crore during the previous quarter ended March 2016.

For the full year,net profit declined 17.77% to Rs 123.72 crore in the year ended March 2017 as against Rs 150.45 crore during the previous year ended March 2016. Sales declined 21.57% to Rs 2015.24 crore in the year ended March 2017 as against Rs 2569.53 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales699.09763.90 -8 2015.242569.53 -22 OPM %5.148.74 -8.8612.45 - PBDT36.1860.35 -40 139.43283.79 -51 PBT31.8754.56 -42 123.72258.89 -52 NP31.62-92.40 LP 123.72150.45 -18

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