Ind-Agiv Commerce consolidated net profit declines 47.06% in the March 2017 quarter

Sales rise 56.98% to Rs 4.05 crore

Net profit of Ind-Agiv Commerce declined 47.06% to Rs 0.45 crore in the quarter ended March 2017 as against Rs 0.85 crore during the previous quarter ended March 2016. Sales rose 56.98% to Rs 4.05 crore in the quarter ended March 2017 as against Rs 2.58 crore during the previous quarter ended March 2016.

For the full year,net profit declined 54.05% to Rs 0.17 crore in the year ended March 2017 as against Rs 0.37 crore during the previous year ended March 2016. Sales rose 53.06% to Rs 11.25 crore in the year ended March 2017 as against Rs 7.35 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.052.58 57 11.257.35 53 OPM %20.7430.23 -7.29-14.56 - PBDT0.791.07 -26 0.510.59 -14 PBT0.590.96 -39 0.310.48 -35 NP0.450.85 -47 0.170.37 -54

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