Sales decline 42.88% to Rs 6.26 crore
Net profit of Pioneer Investcorp declined 78.36% to Rs 1.66 crore in the quarter ended March 2016 as against Rs 7.67 crore during the previous quarter ended March 2015. Sales declined 42.88% to Rs 6.26 crore in the quarter ended March 2016 as against Rs 10.96 crore during the previous quarter ended March 2015.For the full year,net profit declined 75.44% to Rs 2.07 crore in the year ended March 2016 as against Rs 8.43 crore during the previous year ended March 2015. Sales declined 16.74% to Rs 21.54 crore in the year ended March 2016 as against Rs 25.87 crore during the previous year ended March 2015.
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