Maharashtra Scooters standalone net profit declines 97.35% in the March 2017 quarter

Sales rise 77.46% to Rs 3.07 crore

Net profit of Maharashtra Scooters declined 97.35% to Rs 1.27 crore in the quarter ended March 2017 as against Rs 47.95 crore during the previous quarter ended March 2016. Sales rose 77.46% to Rs 3.07 crore in the quarter ended March 2017 as against Rs 1.73 crore during the previous quarter ended March 2016.

For the full year,net profit declined 87.56% to Rs 12.56 crore in the year ended March 2017 as against Rs 101.00 crore during the previous year ended March 2016. Sales declined 5.24% to Rs 8.50 crore in the year ended March 2017 as against Rs 8.97 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3.071.73 77 8.508.97 -5 OPM %-52.44-80.35 --76.35-71.79 - PBDT1.6848.14 -97 14.25101.74 -86 PBT1.5447.95 -97 13.70101.00 -86 NP1.2747.95 -97 12.56101.00 -88

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