Karnavati Finance standalone net profit declines 88.79% in the March 2018 quarter

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Sales rise 8100.00% to Rs 0.82 crore
Net profit of Karnavati Finance declined 88.79% to Rs 0.12 crore in the quarter ended March 2018 as against Rs 1.07 crore during the previous quarter ended March 2017. Sales rose 8100.00% to Rs 0.82 crore in the quarter ended March 2018 as against Rs 0.01 crore during the previous quarter ended March 2017.For the full year,net profit declined 17.33% to Rs 0.62 crore in the year ended March 2018 as against Rs 0.75 crore during the previous year ended March 2017. Sales rose 112.63% to Rs 2.02 crore in the year ended March 2018 as against Rs 0.95 crore during the previous year ended March 2017.
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First Published: May 28 2018 | 5:25 PM IST