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Arihant Capital Markets consolidated net profit rises 297.78% in the March 2017 quarter

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Capital Market

Sales rise 74.98% to Rs 19.93 crore

Net profit of Arihant Capital Markets rose 297.78% to Rs 5.37 crore in the quarter ended March 2017 as against Rs 1.35 crore during the previous quarter ended March 2016. Sales rose 74.98% to Rs 19.93 crore in the quarter ended March 2017 as against Rs 11.39 crore during the previous quarter ended March 2016.

For the full year,net profit rose 130.02% to Rs 19.69 crore in the year ended March 2017 as against Rs 8.56 crore during the previous year ended March 2016. Sales rose 66.85% to Rs 85.96 crore in the year ended March 2017 as against Rs 51.52 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales19.9311.39 75 85.9651.52 67 OPM %37.9818.17 -32.9123.06 - PBDT7.942.17 266 28.8913.88 108 PBT7.691.92 301 28.0512.87 118 NP5.371.35 298 19.698.56 130

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First Published: May 29 2017 | 2:58 PM IST

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