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Faze Three standalone net profit rises 213.20% in the March 2018 quarter

Capital Market

Sales decline 4.42% to Rs 61.90 crore

Net profit of Faze Three rose 213.20% to Rs 9.49 crore in the quarter ended March 2018 as against Rs 3.03 crore during the previous quarter ended March 2017. Sales declined 4.42% to Rs 61.90 crore in the quarter ended March 2018 as against Rs 64.76 crore during the previous quarter ended March 2017.

For the full year,net profit declined 55.55% to Rs 16.83 crore in the year ended March 2018 as against Rs 37.86 crore during the previous year ended March 2017. Sales declined 1.60% to Rs 239.87 crore in the year ended March 2018 as against Rs 243.77 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales61.9064.76 -4 239.87243.77 -2 OPM %9.895.10 -8.087.93 - PBDT10.532.36 346 22.2334.23 -35 PBT8.993.48 158 15.5427.27 -43 NP9.493.03 213 16.8337.86 -56

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First Published: May 22 2018 | 3:55 PM IST