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Equitas Holdings consolidated net profit declines 85.23% in the March 2017 quarter

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Capital Market

Sales rise 26.69% to Rs 395.35 crore

Net profit of Equitas Holdings declined 85.23% to Rs 6.91 crore in the quarter ended March 2017 as against Rs 46.77 crore during the previous quarter ended March 2016. Sales rose 26.69% to Rs 395.35 crore in the quarter ended March 2017 as against Rs 312.07 crore during the previous quarter ended March 2016.

For the full year,net profit declined 4.65% to Rs 159.37 crore in the year ended March 2017 as against Rs 167.14 crore during the previous year ended March 2016. Sales rose 38.65% to Rs 1507.36 crore in the year ended March 2017 as against Rs 1087.19 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales395.35312.07 27 1507.361087.19 39 OPM %45.8865.39 -57.9864.92 - PBDT25.3776.97 -67 300.11273.83 10 PBT10.9572.90 -85 262.63260.12 1 NP6.9146.77 -85 159.37167.14 -5

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First Published: May 06 2017 | 3:34 PM IST

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