Majestic Auto standalone net profit declines 78.12% in the March 2017 quarter

Sales rise 19.96% to Rs 56.68 crore

Net profit of Majestic Auto declined 78.12% to Rs 1.77 crore in the quarter ended March 2017 as against Rs 8.09 crore during the previous quarter ended March 2016. Sales rose 19.96% to Rs 56.68 crore in the quarter ended March 2017 as against Rs 47.25 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 9.81 crore in the year ended March 2017 as against net profit of Rs 9.30 crore during the previous year ended March 2016. Sales rose 46.39% to Rs 160.96 crore in the year ended March 2017 as against Rs 109.95 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.6847.25 20 160.96109.95 46 OPM %4.907.72 -0.501.70 - PBDT4.533.72 22 -4.96-5.50 10 PBT1.09-0.67 LP -21.99-22.90 4 NP1.778.09 -78 -9.819.30 PL

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