IL&FS Investment Managers standalone net profit declines 2.04% in the March 2016 quarter

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Sales decline 21.11% to Rs 15.58 crore
Net profit of IL&FS Investment Managers declined 2.04% to Rs 21.18 crore in the quarter ended March 2016 as against Rs 21.62 crore during the previous quarter ended March 2015. Sales declined 21.11% to Rs 15.58 crore in the quarter ended March 2016 as against Rs 19.75 crore during the previous quarter ended March 2015.For the full year,net profit declined 12.10% to Rs 49.13 crore in the year ended March 2016 as against Rs 55.89 crore during the previous year ended March 2015. Sales declined 8.08% to Rs 73.95 crore in the year ended March 2016 as against Rs 80.45 crore during the previous year ended March 2015.
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First Published: May 03 2016 | 5:08 PM IST