Margo Finance standalone net profit declines 68.42% in the March 2018 quarter

Image
Capital Market
Last Updated : May 02 2018 | 9:04 AM IST

Sales rise 25.00% to Rs 0.15 crore

Net profit of Margo Finance declined 68.42% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.19 crore during the previous quarter ended March 2017. Sales rose 25.00% to Rs 0.15 crore in the quarter ended March 2018 as against Rs 0.12 crore during the previous quarter ended March 2017.

For the full year,net profit declined 35.48% to Rs 0.20 crore in the year ended March 2018 as against Rs 0.31 crore during the previous year ended March 2017. Sales rose 12.77% to Rs 0.53 crore in the year ended March 2018 as against Rs 0.47 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.150.12 25 0.530.47 13 OPM %46.6741.67 -41.5136.17 - PBDT0.070.19 -63 0.220.32 -31 PBT0.070.19 -63 0.210.31 -32 NP0.060.19 -68 0.200.31 -35

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 02 2018 | 8:17 AM IST

Next Story