Sales decline 19.90% to Rs 1.61 crore
Net loss of Indbank Merchant Banking Services reported to Rs 0.27 crore in the quarter ended March 2016 as against net profit of Rs 1.33 crore during the previous quarter ended March 2015. Sales declined 19.90% to Rs 1.61 crore in the quarter ended March 2016 as against Rs 2.01 crore during the previous quarter ended March 2015.For the full year,net profit declined 44.69% to Rs 2.76 crore in the year ended March 2016 as against Rs 4.99 crore during the previous year ended March 2015. Sales declined 16.40% to Rs 7.19 crore in the year ended March 2016 as against Rs 8.60 crore during the previous year ended March 2015.
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.612.01 -20 7.198.60 -16 OPM %-16.774.48 -20.1731.74 - PBDT0.242.23 -89 3.776.59 -43 PBT0.112.07 -95 3.175.90 -46 NP-0.271.33 PL 2.764.99 -45
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