Reliable Ventures India standalone net profit declines 60.00% in the March 2017 quarter

Image
Capital Market
Last Updated : Jun 02 2017 | 4:47 PM IST

Sales rise 15.28% to Rs 4.45 crore

Net profit of Reliable Ventures India declined 60.00% to Rs 0.48 crore in the quarter ended March 2017 as against Rs 1.20 crore during the previous quarter ended March 2016. Sales rose 15.28% to Rs 4.45 crore in the quarter ended March 2017 as against Rs 3.86 crore during the previous quarter ended March 2016.

For the full year,net profit rose 6.15% to Rs 1.38 crore in the year ended March 2017 as against Rs 1.30 crore during the previous year ended March 2016. Sales rose 4.88% to Rs 14.82 crore in the year ended March 2017 as against Rs 14.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.453.86 15 14.8214.13 5 OPM %28.0925.91 -19.5714.58 - PBDT1.341.10 22 3.292.40 37 PBT1.011.42 -29 1.911.61 19 NP0.481.20 -60 1.381.30 6

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 02 2017 | 4:27 PM IST

Next Story