Avantel reports standalone net loss of Rs 0.10 crore in the March 2017 quarter

Sales decline 24.00% to Rs 10.04 crore

Net loss of Avantel reported to Rs 0.10 crore in the quarter ended March 2017 as against net profit of Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 24.00% to Rs 10.04 crore in the quarter ended March 2017 as against Rs 13.21 crore during the previous quarter ended March 2016.

For the full year,net profit rose 59.32% to Rs 0.94 crore in the year ended March 2017 as against Rs 0.59 crore during the previous year ended March 2016. Sales rose 36.38% to Rs 33.59 crore in the year ended March 2017 as against Rs 24.63 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.0413.21 -24 33.5924.63 36 OPM %8.277.65 -11.5215.96 - PBDT0.580.50 16 2.862.39 20 PBT0.110.09 22 1.150.65 77 NP-0.100.03 PL 0.940.59 59

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