Starcom Information Technology standalone net profit declines 99.86% in the March 2017 quarter

Sales decline 8.90% to Rs 5.32 crore

Net profit of Starcom Information Technology declined 99.86% to Rs 0.01 crore in the quarter ended March 2017 as against Rs 7.40 crore during the previous quarter ended March 2016. Sales declined 8.90% to Rs 5.32 crore in the quarter ended March 2017 as against Rs 5.84 crore during the previous quarter ended March 2016.

For the full year,net profit declined 90.32% to Rs 0.09 crore in the year ended March 2017 as against Rs 0.93 crore during the previous year ended March 2016. Sales rose 11.49% to Rs 12.81 crore in the year ended March 2017 as against Rs 11.49 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales5.325.84 -9 12.8111.49 11 OPM %3.7667.64 -5.15-0.96 - PBDT0.223.94 -94 0.84-2.17 LP PBT0.025.98 -100 0.12-2.84 LP NP0.017.40 -100 0.090.93 -90

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