Nalin Lease Finance reports standalone net loss of Rs 0.15 crore in the March 2018 quarter

Sales rise 17.50% to Rs 0.94 crore

Net loss of Nalin Lease Finance reported to Rs 0.15 crore in the quarter ended March 2018 as against net profit of Rs 0.40 crore during the previous quarter ended March 2017. Sales rose 17.50% to Rs 0.94 crore in the quarter ended March 2018 as against Rs 0.80 crore during the previous quarter ended March 2017.

For the full year,net profit rose 8.60% to Rs 1.01 crore in the year ended March 2018 as against Rs 0.93 crore during the previous year ended March 2017. Sales rose 31.23% to Rs 3.53 crore in the year ended March 2018 as against Rs 2.69 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.940.80 18 3.532.69 31 OPM %50.0056.25 -63.4657.99 - PBDT0.280.42 -33 1.481.46 1 PBT0.260.40 -35 1.421.37 4 NP-0.150.40 PL 1.010.93 9

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