Stanrose Mafatlal Investment & Finance reports standalone net loss of Rs 0.56 crore in the March 2017 quarter

Image
Capital Market
Last Updated : Apr 25 2017 | 11:01 AM IST

Sales rise 5.56% to Rs 0.38 crore

Net Loss of Stanrose Mafatlal Investment & Finance reported to Rs 0.56 crore in the quarter ended March 2017 as against net loss of Rs 0.47 crore during the previous quarter ended March 2016. Sales rose 5.56% to Rs 0.38 crore in the quarter ended March 2017 as against Rs 0.36 crore during the previous quarter ended March 2016.

For the full year,net profit declined 27.26% to Rs 4.35 crore in the year ended March 2017 as against Rs 5.98 crore during the previous year ended March 2016. Sales declined 13.99% to Rs 9.41 crore in the year ended March 2017 as against Rs 10.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.380.36 6 9.4110.94 -14 OPM %-94.74-130.56 -61.8568.83 - PBDT-0.36-0.47 23 5.827.53 -23 PBT-0.47-0.56 16 5.417.21 -25 NP-0.56-0.47 -19 4.355.98 -27

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: Apr 25 2017 | 10:49 AM IST

Next Story