Saven Technologies standalone net profit declines 77.78% in the March 2016 quarter

Sales rise 13.73% to Rs 2.32 crore

Net profit of Saven Technologies declined 77.78% to Rs 0.08 crore in the quarter ended March 2016 as against Rs 0.36 crore during the previous quarter ended March 2015. Sales rose 13.73% to Rs 2.32 crore in the quarter ended March 2016 as against Rs 2.04 crore during the previous quarter ended March 2015.

For the full year,net profit declined 74.37% to Rs 1.62 crore in the year ended March 2016 as against Rs 6.32 crore during the previous year ended March 2015. Sales rose 10.19% to Rs 8.65 crore in the year ended March 2016 as against Rs 7.85 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.322.04 14 8.657.85 10 OPM %9.4810.29 -18.3823.69 - PBDT0.500.50 0 2.788.11 -66 PBT0.410.40 3 2.457.71 -68 NP0.080.36 -78 1.626.32 -74

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