Inter Globe Finance standalone net profit rises 807.69% in the March 2017 quarter

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Sales rise 76.98% to Rs 16.53 crore
Net profit of Inter Globe Finance rose 807.69% to Rs 1.18 crore in the quarter ended March 2017 as against Rs 0.13 crore during the previous quarter ended March 2016. Sales rose 76.98% to Rs 16.53 crore in the quarter ended March 2017 as against Rs 9.34 crore during the previous quarter ended March 2016.For the full year,net profit rose 481.48% to Rs 1.57 crore in the year ended March 2017 as against Rs 0.27 crore during the previous year ended March 2016. Sales declined 14.68% to Rs 78.49 crore in the year ended March 2017 as against Rs 92.00 crore during the previous year ended March 2016.
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First Published: Jun 06 2017 | 4:01 PM IST