IL&FS Investment Managers standalone net profit declines 86.54% in the March 2017 quarter

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Sales decline 33.76% to Rs 10.32 crore
Net profit of IL&FS Investment Managers declined 86.54% to Rs 2.85 crore in the quarter ended March 2017 as against Rs 21.18 crore during the previous quarter ended March 2016. Sales declined 33.76% to Rs 10.32 crore in the quarter ended March 2017 as against Rs 15.58 crore during the previous quarter ended March 2016.For the full year,net profit declined 51.21% to Rs 23.97 crore in the year ended March 2017 as against Rs 49.13 crore during the previous year ended March 2016. Sales declined 37.70% to Rs 46.07 crore in the year ended March 2017 as against Rs 73.95 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 3:29 PM IST