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

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

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