Upsurge Investment & Finance standalone net profit declines 12.50% in the March 2017 quarter

Sales rise 36.04% to Rs 4.19 crore

Net profit of Upsurge Investment & Finance declined 12.50% to Rs 0.07 crore in the quarter ended March 2017 as against Rs 0.08 crore during the previous quarter ended March 2016. Sales rose 36.04% to Rs 4.19 crore in the quarter ended March 2017 as against Rs 3.08 crore during the previous quarter ended March 2016.

For the full year,net profit rose 168.42% to Rs 0.51 crore in the year ended March 2017 as against Rs 0.19 crore during the previous year ended March 2016. Sales declined 7.42% to Rs 13.23 crore in the year ended March 2017 as against Rs 14.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.193.08 36 13.2314.29 -7 OPM %2.393.25 -4.992.80 - PBDT0.100.08 25 0.650.23 183 PBT0.090.08 13 0.620.19 226 NP0.070.08 -13 0.510.19 168

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