Mahaveer Infoway reports standalone nil net profit/loss in the March 2016 quarter

Sales decline 75.34% to Rs 3.95 crore

Mahaveer Infoway reported no net profit/loss in the quarter ended March 2016 as against net profit of Rs 0.04 crore during the previous quarter ended March 2015. Sales declined 75.34% to Rs 3.95 crore in the quarter ended March 2016 as against Rs 16.02 crore during the previous quarter ended March 2015.

For the full year,net profit declined 76.47% to Rs 0.04 crore in the year ended March 2016 as against Rs 0.17 crore during the previous year ended March 2015. Sales declined 50.40% to Rs 25.81 crore in the year ended March 2016 as against Rs 52.04 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales3.9516.02 -75 25.8152.04 -50 OPM %2.031.50 -2.831.88 - PBDT0.030.08 -63 0.140.37 -62 PBT00.04 -100 0.060.28 -79 NP00.04 -100 0.040.17 -76

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