Virtual Global Education standalone net profit declines 92.13% in the March 2018 quarter

Sales decline 60.57% to Rs 3.71 crore

Net profit of Virtual Global Education declined 92.13% to Rs 0.07 crore in the quarter ended March 2018 as against Rs 0.89 crore during the previous quarter ended March 2017. Sales declined 60.57% to Rs 3.71 crore in the quarter ended March 2018 as against Rs 9.41 crore during the previous quarter ended March 2017.

For the full year,net profit rose 7.14% to Rs 2.40 crore in the year ended March 2018 as against Rs 2.24 crore during the previous year ended March 2017. Sales rose 1.02% to Rs 36.59 crore in the year ended March 2018 as against Rs 36.22 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales3.719.41 -61 36.5936.22 1 OPM %-3.776.80 -7.987.56 - PBDT0.061.03 -94 3.703.94 -6 PBT0.070.89 -92 3.303.40 -3 NP0.070.89 -92 2.402.24 7

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