Pioneer Investcorp standalone net profit rises 15.66% in the March 2017 quarter

Sales rise 156.55% to Rs 16.06 crore

Net profit of Pioneer Investcorp rose 15.66% to Rs 1.92 crore in the quarter ended March 2017 as against Rs 1.66 crore during the previous quarter ended March 2016. Sales rose 156.55% to Rs 16.06 crore in the quarter ended March 2017 as against Rs 6.26 crore during the previous quarter ended March 2016.

For the full year,net profit rose 526.57% to Rs 12.97 crore in the year ended March 2017 as against Rs 2.07 crore during the previous year ended March 2016. Sales rose 146.10% to Rs 53.01 crore in the year ended March 2017 as against Rs 21.54 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales16.066.26 157 53.0121.54 146 OPM %48.5738.02 -62.0636.30 - PBDT5.001.78 181 22.033.13 604 PBT4.971.62 207 21.522.48 768 NP1.921.66 16 12.972.07 527

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