TCI Finance standalone net profit rises 157.14% in the March 2017 quarter

Sales decline 2.66% to Rs 2.56 crore

Net profit of TCI Finance rose 157.14% to Rs 0.36 crore in the quarter ended March 2017 as against Rs 0.14 crore during the previous quarter ended March 2016. Sales declined 2.66% to Rs 2.56 crore in the quarter ended March 2017 as against Rs 2.63 crore during the previous quarter ended March 2016.

For the full year,net profit rose 81.82% to Rs 3.60 crore in the year ended March 2017 as against Rs 1.98 crore during the previous year ended March 2016. Sales rose 12.17% to Rs 11.15 crore in the year ended March 2017 as against Rs 9.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.562.63 -3 11.159.94 12 OPM %92.9793.16 -98.39102.11 - PBDT0.440.17 159 4.292.32 85 PBT0.430.16 169 4.262.29 86 NP0.360.14 157 3.601.98 82

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