Trade-Wings standalone net profit declines 67.90% in the March 2017 quarter

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Sales decline 16.43% to Rs 4.07 crore
Net profit of Trade-Wings declined 67.90% to Rs 0.26 crore in the quarter ended March 2017 as against Rs 0.81 crore during the previous quarter ended March 2016. Sales declined 16.43% to Rs 4.07 crore in the quarter ended March 2017 as against Rs 4.87 crore during the previous quarter ended March 2016.For the full year,net profit declined 32.00% to Rs 0.34 crore in the year ended March 2017 as against Rs 0.50 crore during the previous year ended March 2016. Sales rose 8.87% to Rs 18.91 crore in the year ended March 2017 as against Rs 17.37 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 4:03 PM IST