Oswal Yarns standalone net profit declines 55.56% in the March 2017 quarter

Sales decline 39.70% to Rs 1.20 crore

Net profit of Oswal Yarns declined 55.56% to Rs 0.04 crore in the quarter ended March 2017 as against Rs 0.09 crore during the previous quarter ended March 2016. Sales declined 39.70% to Rs 1.20 crore in the quarter ended March 2017 as against Rs 1.99 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2017. There were no net profit/loss reported during the previous year ended March 2016. Sales rose 3.33% to Rs 4.34 crore in the year ended March 2017 as against Rs 4.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.201.99 -40 4.344.20 3 OPM %5.007.54 -4.845.24 - PBDT0.040.10 -60 0.040.04 0 PBT0.030.09 -67 00 0 NP0.040.09 -56 0.010 0

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