Morgan Ventures standalone net profit rises 11.76% in the March 2017 quarter

Sales decline 3.57% to Rs 0.27 crore

Net profit of Morgan Ventures rose 11.76% to Rs 0.19 crore in the quarter ended March 2017 as against Rs 0.17 crore during the previous quarter ended March 2016. Sales declined 3.57% to Rs 0.27 crore in the quarter ended March 2017 as against Rs 0.28 crore during the previous quarter ended March 2016.

For the full year,net profit rose 200.00% to Rs 0.03 crore in the year ended March 2017 as against Rs 0.01 crore during the previous year ended March 2016. Sales remain constant at Rs 0.35 crore in the year ended March 2017 and also during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.270.28 -4 0.350.35 0 OPM %74.0764.29 -17.1411.43 - PBDT0.200.18 11 0.060.04 50 PBT0.200.18 11 0.040.02 100 NP0.190.17 12 0.030.01 200

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