TCI Finance standalone net profit declines 52.78% in the March 2018 quarter

Sales rise 8.61% to Rs 2.90 crore

Net profit of TCI Finance declined 52.78% to Rs 0.17 crore in the quarter ended March 2018 as against Rs 0.36 crore during the previous quarter ended March 2017. Sales rose 8.61% to Rs 2.90 crore in the quarter ended March 2018 as against Rs 2.67 crore during the previous quarter ended March 2017.

For the full year,net profit declined 53.06% to Rs 1.69 crore in the year ended March 2018 as against Rs 3.60 crore during the previous year ended March 2017. Sales declined 3.85% to Rs 11.75 crore in the year ended March 2018 as against Rs 12.22 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2.902.67 9 11.7512.22 -4 OPM %86.5589.14 -90.6489.77 - PBDT0.250.44 -43 2.084.29 -52 PBT0.250.43 -42 2.064.26 -52 NP0.170.36 -53 1.693.60 -53

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