Mavens Biotech reports standalone net profit of Rs 0.01 crore in the March 2016 quarter

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Sales decline 52.50% to Rs 0.19 crore
Net profit of Mavens Biotech remain constant at Rs 0.01 crore in the quarter ended March 2016 and also during the previous quarter ended March 2015. Sales declined 52.50% to Rs 0.19 crore in the quarter ended March 2016 as against Rs 0.40 crore during the previous quarter ended March 2015.For the full year,net profit declined 38.46% to Rs 0.08 crore in the year ended March 2016 as against Rs 0.13 crore during the previous year ended March 2015. Sales declined 21.70% to Rs 0.83 crore in the year ended March 2016 as against Rs 1.06 crore during the previous year ended March 2015.
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First Published: May 26 2016 | 12:26 PM IST