Reliable Ventures India standalone net profit rises 531.58% in the March 2016 quarter

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Sales rise 6.04% to Rs 3.86 crore
Net profit of Reliable Ventures India rose 531.58% to Rs 1.20 crore in the quarter ended March 2016 as against Rs 0.19 crore during the previous quarter ended March 2015. Sales rose 6.04% to Rs 3.86 crore in the quarter ended March 2016 as against Rs 3.64 crore during the previous quarter ended March 2015.For the full year,net profit rose 83.10% to Rs 1.30 crore in the year ended March 2016 as against Rs 0.71 crore during the previous year ended March 2015. Sales rose 5.21% to Rs 14.13 crore in the year ended March 2016 as against Rs 13.43 crore during the previous year ended March 2015.
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First Published: Jun 08 2016 | 9:00 AM IST