Shriram City Union Finance consolidated net profit declines 73.33% in the March 2017 quarter

Sales rise 15.16% to Rs 1177.96 crore

Net profit of Shriram City Union Finance declined 73.33% to Rs 16.31 crore in the quarter ended March 2017 as against Rs 61.16 crore during the previous quarter ended March 2016. Sales rose 15.16% to Rs 1177.96 crore in the quarter ended March 2017 as against Rs 1022.90 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.71% to Rs 578.08 crore in the year ended March 2017 as against Rs 552.07 crore during the previous year ended March 2016. Sales rose 17.64% to Rs 4703.59 crore in the year ended March 2017 as against Rs 3998.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1177.961022.90 15 4703.593998.19 18 OPM %39.2545.32 -54.8457.68 - PBDT37.15108.83 -66 932.57887.00 5 PBT28.0897.31 -71 896.86849.38 6 NP16.3161.16 -73 578.08552.07 5

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